Warning: "continue" targeting switch is equivalent to "break". Did you mean to use "continue 2"? in /nfs/c05/h01/mnt/76410/domains/wahomeowners.com/html/wp-content/plugins/jetpack/jetpack.php on line 705
FBI: Mortgage fraud still prevalent, hard to catch ยท WAHomeowners.com

Warning: Illegal string offset 'output_key' in /nfs/c05/h01/mnt/76410/domains/wahomeowners.com/html/wp-includes/nav-menu.php on line 604

Warning: Illegal string offset 'output_key' in /nfs/c05/h01/mnt/76410/domains/wahomeowners.com/html/wp-includes/nav-menu.php on line 604

Warning: Illegal string offset 'output_key' in /nfs/c05/h01/mnt/76410/domains/wahomeowners.com/html/wp-includes/nav-menu.php on line 604

Warning: Illegal string offset 'output_key' in /nfs/c05/h01/mnt/76410/domains/wahomeowners.com/html/wp-includes/nav-menu.php on line 604

Warning: Illegal string offset 'output_key' in /nfs/c05/h01/mnt/76410/domains/wahomeowners.com/html/wp-includes/nav-menu.php on line 604

Warning: Illegal string offset 'output_key' in /nfs/c05/h01/mnt/76410/domains/wahomeowners.com/html/wp-includes/nav-menu.php on line 604

Warning: Illegal string offset 'output_key' in /nfs/c05/h01/mnt/76410/domains/wahomeowners.com/html/wp-includes/nav-menu.php on line 604

Warning: Illegal string offset 'output_key' in /nfs/c05/h01/mnt/76410/domains/wahomeowners.com/html/wp-includes/nav-menu.php on line 604

Warning: Illegal string offset 'output_key' in /nfs/c05/h01/mnt/76410/domains/wahomeowners.com/html/wp-includes/nav-menu.php on line 604

Warning: Illegal string offset 'output_key' in /nfs/c05/h01/mnt/76410/domains/wahomeowners.com/html/wp-includes/nav-menu.php on line 604

Warning: Illegal string offset 'output_key' in /nfs/c05/h01/mnt/76410/domains/wahomeowners.com/html/wp-includes/nav-menu.php on line 604

Warning: Illegal string offset 'output_key' in /nfs/c05/h01/mnt/76410/domains/wahomeowners.com/html/wp-includes/nav-menu.php on line 604

FBI: Mortgage fraud still prevalent, hard to catch

FBI: Mortgage fraud still prevalent, hard to catch

Mortgage fraud remains widespread in the depressed housing market, with perpetrators motivated by high profits and little risk of getting caught, the FBI said Friday.

The FBI’s annual report on mortgage fraud said such schemes are particularly resilient and hard to discover, and their total cost is unknown. Real estate firm CoreLogic says more than $10 billion in loans were made with fraudulent application data in 2010, the report noted.

Read More…