Mortgage fraud is rising

Source: Michele Lerner, Washington Post (Paid Registration)

Mortgage fraud was so rampant during the height of the housing bubble in the mid-2000s that real estate industry insiders started to refer to some mortgages as “liar’s loans."

The biggest jump in a specific type of fraud was income fraud, which was 22 percent higher in the second quarter of 2018 compared with the second quarter of 2017.

Read Full Article: Mortgage fraud is rising

 

Tags/Keywords


 

Quick Menu

Support Consumer Action

Support Consumer

Join Our Email List

Optional Member Code
Facebook FTwitter T

Housing Menu

Help Desk

Advocacy