Industry NewsMortgage

Top 10 metros for mortgage fraud

FBI, FinCen report growth in loan mod, short-sale scams
Published on Jun 17, 2010

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by CareyBot

Reports by financial institutions of incidents of suspected mortgage fraud climbed 13 percent during the six months ending March 31 compared to the same period a year ago, the FBI said in releasing its annual report on mortgage fraud.

Some of the rise in suspicious activity reports (SARs) filed with the U.S. Treasury Department ...