FBI Cracks Down On Mortgage Fraud
400 Real Estate Industry Players Indicted; Victims Lost More Than $1 Billion In Various Schemes
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400 Real Estate Industry Players Indicted; Victims Lost More Than $1 Billion In Various Schemes
www.cbsnews.comAttorneys, Loan Brokers, Accountants Throughout 4 States Among Those Charged in the Scheme
www.cbsnews.comWhile Congress and the Bush administration are focusing on bailing out struggling homeowners and financial companies, another group of federal officials are going after the people who helped propel the country into the mortgage crisis.
money.cnn.comThe Manhattan district attorney indicted 13 suspects and a mortgage company on Wednesday for running a $100 million mortgage fraud, where they allegedly fooled banks into financing sham sales.
money.cnn.comMortgage Fraud is generally categorized in one of two ways: fraud for profit and fraud for property.
www.housingwire.comUnderstanding Mortgage Fraud: Why This Matters to You Here's the deal. When you're buying a house, you're making probably the biggest financial commitment of...
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