Search every word on our site using the advanced search engine.
_____________________________________________
Daily emails with the latest mortgage fraud news.
_____________________________________________

10/22/2008
3 “backlinks” (or spam links) were posted on this site by www.federalmortgagecommission.com. A llittle research shows this is NOT a government agency. It is promoting an “Interest Cancellation Program”. The site carries no phone number or address.

10/21/2008
Florida Attorney General warns about Mortgage Fraud related ID Theft.
Click here for the warning.
« Utah man convicted in large scale mortgage fraud | Main | King 5 News reports on 2 alledged foreclosure scams in WA »
Wednesday
20Sep

WKRC News reports on the effects fraud is having on foreclosure rates

DateWednesday, September 20, 2006 at 02:03PM

WKRC News in Cincinnati reports on the rising levels of foreclosures in the US, increasing 24% in one month alone. They go on to say that many of the foreclosures are allegedly caused by fraudulent appraisals which were altered by the lender. In this case they talk to one borrower who got a loan from a home equity lender. The report includes an interview with an Appraiser who stated that his appraisal had been altered by the mortgage company.

Click here to view the video report

Click here to read the written report

AuthorThe Editor - Ian Shuter | Comments Off | Reference1 Reference |
in ,

EmailEmail Article to Friend

References (1)

References allow you to track sources for this article, as well as articles that were written in response to this article.