A recent report from the FBI states that mortgage fraud is on the rise. The fraudulent events focuses on distressed homeowners who look for answers to troubled mortgages and find little help from their banks.
This report says one measure of mortgage fraud complaints is up 36 percent nationally. Most of the fraud schemes and scams are concentrated in California, Florida, Arizona and Nevada which have been hit hard by the housing market crash. As a result there are a large amount of…
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