Florida leads in mortgage fraud

"Reported incidents of mortgage fraud grew by 45 percent in the second quarter compared to the year-ago period, as borrowers misstated their financial information to maneuver around tighter lending standards, industry data released Tuesday showed....

• The metro areas of Miami and Tampa were one-two in Florida for mortgage fraud.

In California, Los Angeles and San Francisco led the way. Chicago and Rockford were tops in Illinois."...

• (Alert bank employees were fooled by such methods as 'white-out' correction fluid). via Lucianne.com

Tweet Stumbleupon StumbleUpon