Tuesday, March 17, 2009

Mortgage Fraud Up 26% Industry Study Says

The Mortgage Asset Research Institute released its annual report on mortgage fraud, which indicates an increase in mortgage fraud reports of 26 perent over the prior year and reaching the highest level to date. The sates with the highest percentage of fraud reports include the following listed in order:
  • Rhode Island
  • Florida
  • Illinois
  • Georgia
  • Maryland
  • New York
  • Michigan
  • California
  • Missouri
  • Colorado
Read the story here, here and here.


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