Missouri Regulators Create Task Force To Study Equity Stripping & Mortgage Fraud Solutions

The Missouri Department of Insurance, Financial Institutions and Professional Registration has created a special task force aimed to discourage mortgage fraud by educating both industry participants and the consumer public in recognizing the signs of mortgage fraud, according to an Associated Press article reported in the bellevillenewsdemocrat.com.

Department director Doug Ommen stated that the task force will "look at this issue from all sides to come up with commonsense solutions to prevent consumers from being stripped of their equity or facing foreclosure."

To read more, see New task force, legislation take aim at mortgage fraud.
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