Mortgage Fraud: What You Need to Know
While 2008 was a record year for instances of mortgage fraud with over 63,000 mortgage fraud related SARs (Suspiscious Activity Reports) filed, 2009 is on pace to be even worse. With the housing market still on the rocks, and scam artists constantly looking for their next targets, it’s an appropriate time to ask what can the average consumer do to protect their assets. Below, we take a look at the disturbing rise of mortgage fraud and ways that you can avoid becoming a victim.
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