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U.S. Rep Aims to Prevent Mortgage Fraud

 
January 22, 2009


Legislation to form a nationwide mortgage fraud task force was passed last September by the House but blocked by the Republicans in the U.S. Senate.

Florida Congressman Kendrick B. Meek introduced the Nationwide Mortgage Fraud Task Force Act of 2009 to help victims of mortgage fraud and prevent future fraud through the effective use of education, legislation, regulation, law enforcement and prosecution.

The task force would setup and oversee branches in the top 10 states determined to have the highest rates of mortgage fraud. Its functions would include investigating mortgage fraud, enforcing state mortgage fraud laws, and provide related training to all levels of law enforcement involved.

Read story at The Westside Gazette


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