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Health & Fitness

DOJ and FBI retract previous mortgage fraud numbers

MORTGAGE INTEREST RATE LOCK ADVISORY
August 21, 2013  :6:30 AM PST 
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MORTGAGE and REAL ESTATE NEWS    DOJ and FBI retract previous mortgage fraud numbers Analysts expect 25% decline in suspected mortgage fraud in 2012  By: Megan Hopkins - The government continues its ongoing battle against mortgage fraud, even as it finds itself retrenching from suspiciously high mortgage fraud numbers reported back in 2012.

Last October, the Department of Justice and the FBI released a report claiming their Distressed Homeowner Initiative found 530 criminal defendants in cases involving more than 73,000 mortgage victims and losses of more than $1 billion in 2012 - startling numbers to anyone.>>Read More
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