Florida leads the nation in mortgage fraud – a dubious distinction the state has held for the past five years, according to a new report from LexisNexis Risk Solutions . The Alpharetta, Ga.-based data and analytics firm said Florida’s mortgage fraud rate "is more than five times the expected rate of fraud for the state,” based on the volume of mortgages originated.
Florida continued to lead the nation for cases of mortgage fraud reported in 2009 and three areas of Central Florida are among the weakest markets in the country, according to a report released Monday.
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· Florida Fraud-closure Workshop: How to Fashion Your Foreclosure Bailout. – Read the mortgages legal blogs that have been posted by Roy D. Oppenheim on Lawyers.com. As Florida leads the nation.
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The government’s criminal enforcement efforts to combat mortgage fraud during the last few years has been focused sharply on swindlers operating in a handful of the nation’s federal judicial districts, according to timely justice department records obtained by the Transactional Records access clearinghouse (trac).
A new report claims that Florida leads the nation in mortgage fraud. In fact, 24 percent of fraudulent loans reported to the [Mortgage Asset Research Institute] during the first quarter originated on properties in Florida. The most common kind of fraud was application fraud, including misstating income and false identification.
Brent enlisted in the Utah National Guard in June. remaining $250,000 balance on her mortgage. An anonymous donor.