Watch Out For Mortgage Fraud
Friday, October 13, 2006
Here's an article on CNN Money that is worth reading:
CNN Money: "Mortgage fraud is one of the fastest growing white collar crimes, according to the FBI, with reports more than quadrupling since 2001.
Mortgage fraud refers to a whole host of scams, but the bottom line is that most cases involve inflating the value of a property for more than its worth, with the scammer pocketing the difference.
In today's tips we'll tell you how you can avoid these schemes."
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