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Real Estate Fraud Act of 2009

The ups and downs of mortgage fraud

by Jay HammondApril 27, 2009 Legislation

The FraudBlogger Index climbed to 1427 during the first quarter of 2009, double what it was in the first quarter last year. Already in April a federal grand jury has indicted four individuals as part of a massive “Dream Homes” mortgage fraud scheme and 24 individuals in a Racketeering Influenced and Corrupt Organizations Act (RICO) [...]

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