Feds, 10 States Join to Fight Mortgage Fraud

by Moe Bedard · 1 comment

in Government

10 states’ top prosecutors, 4 federal agencies form task force to combat mortgage fraud

Ten state attorneys general and four federal agencies are forming a task force to combat mortgage fraud.

Washington state Attorney General Rob McKenna issued a statement Monday saying targets of the enforcement effort include equity skimming, bogus foreclosure rescue, straw purchases and unethical lending.

Read more from ABC

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1 Mike's Mortgage Guide September 7, 2009 at 7:16 am

This is excellent news. I hope they clean up the mortgage business. If not by catching the criminals, then by scaring potential crooks out of the idea.

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