Mortgage Fraud Skyrockets, Demand Grows for Forensic Services
Mortgage fraud in the U.S. has skyrocketed, according to a new report from the Mortgage Asset Research Institute (MARI). The study (which MARI compiled data from the biggest names in the lending industry, including Fannie Mae, Freddie Mac, Wells Fargo, Bank of America and J.P.MorganChase) found that the number of fraudulent loans issued during the first three months of 2008 jumped 42% from the same period a year ago. “The mortgage industry is currently in a volatile state, as many constituents
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Mortgage Fraud Skyrockets, Demand Grows for Forensic Services
