Politics > Politics-USA > The FBI:Mortgage Fraud is one of the fastest growing white-collar crimes in the United States
| Topic: |
Politics > Politics-USA |
| User: |
"" |
| Date: |
01 Mar 2007 06:38:34 PM |
| Object: |
The FBI:Mortgage Fraud is one of the fastest growing white-collar crimes in the United States |
I have an associate that recently refinanced his home in order to pay
off his high interest credit card debts. Although he didn't tell me
how much credit card debt he had, I suspect it was a lot because he
lives life to the fullest. He said that he got scammed with an
unnecessary interest bump at the closing table because of a few
hundred dollars more on his credit cards. So, being the detective
that I am, I decided to seek information about mortgage fraud. Low
and behold, what I learned is that MORTGAGE FRAUD IS A HUGE PROBLEM.
The FBI says that Mortgage Fraud is one of the fastest growing white-
collar crimes in the United States.
How many of you out there have been scammed by a mortgage broker/
banker? Please tell of your experiences.
Even the Industry knows that Mortgage Fraud is a problem. I found a
very good site that has compiled information on Mortgage Fraud and
Identity Theft. These guys must be the good guys because they are a
mortgage company. They are screaming at their own industry to stop
their fraudulent practices. This topic needs to be addressed
Link: http://www.apexmortgagecolumbia.com/
Then News and Advice/ Mortgage Fraud
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