Site Meter Refinancing, Loans and Getting New Credit: Mortgage Fraud Crackdown Is Gathering Steam in Florida

Sunday, April 19, 2009

Mortgage Fraud Crackdown Is Gathering Steam in Florida


Yahoo! News: A big problem the feds face is that the housing crash has created a whole new slew of cases.

The first stage of fraud, which helped bring about the crisis, is now being followed by a second as people scheme to buy up foreclosed homes and other properties whose prices have plummeted, or as desperate homeowners hurry to refinance exorbitant mortgages or get their interest rates and principals reduced.

No comments:

Post a Comment