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New Report Shows Fraud Increase
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December 2, 2008
Mortgage Fraud continues to plague the country though almost half of the fraud incidents have been in three states. Those three states also have high levels of foreclosures, according to a new industry report.
The Mortgage Asset Research Institute today released its Quarterly Fraud Report revealing a staggering jump in mortgage fraud activity during the second quarter -- up 45 percent from a year earlier.
Read story at MortgageDaily.com
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