| |
|
|
|
|
Search mortgage fraud news by keyword.
News, analysis and statistics about mortgage fraud.
Stories about individual mortgage crime cases.
Statics by year about real estate fraud.
Quarterly index based on case activity.
Reach mortgage executives, loan originators and other people tied to mortgage industry.
Free mortgage news for prospective borrowers.
Free e-mail newsletter with the latest headlines from MortgageDaily.com.
The latest case activity tracked by FraudBlogger.com for your Web site or for your RSS reader.
Archive of FraudBlogger.com entries going back to 2005. |
|
|
| |
New Bill Eases Investigation Hang-ups
|
| |
May 18, 2009
A new bill awaiting passage in California promises to help investigators quickly and easily retrieve financial documents during investigation of mortgage fraud crimes.
California prosecutors have been relying on statutes designed for grand theft or general fund as opposed to those written clearly for mortgage fraud investigations and prosecutions. The Senate Public Safety Committee voted unanimously last month to approve a new bill, being carried by Sen. Fran Pavley, D-Agoura Hills, that would alleviate much of the red tape investigators are experiencing.
The new bill's passage would allow police or district attorney's investigators to obtain search warrants based on relevancy to an ongoing felony investigation, instead of probable cause that a crime had been committed.
Read story at Ventura County Star
|
|
|
