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More Resources to Combat Mortgage Fraud
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May 11, 2009
New legislation was introduced that will help fund more resources for local District Attorneys to use in the fight against mortgage fraud.
The Fighting Real Estate Fraud Act of 2009 creates a grant program, authorizing $100 million in grants for hiring additional staff including investigators, forensic accountants and attorneys for counties that are in need. The Real Estate Fraud Unit was recently launched as part of New York's initiative to get a handle on the mortgage fraud increase.
Read story at Times News Weekly
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