Housing Bust Provides New Openings for Mortgage Fraud
by Jann Swanson
Housing Bust Provides New Openings for Mortgage Fraud
The housing boom created a rich climate for mortgage fraud and while the bust that followed the boom has changed the nature of the crime, it has provided continued opportunities which the Federal Bureau of Investigation (FBI) is attempting to quantify. The Bureau has released a study that attempts to quantify the breadth and depth of mortgage fraud in 2010 so FBI program managers and the general public can better understand the current threat.
To read more, click here.