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Archive Home > 2009 > March > 17 > Mortgage fraud reports up under recession pressure

Mortgage fraud reports up under recession pressure

Watch out for ‘foreclosure prevention specialists,’ a rapidly growing scheme

By Alan Zibel / The Bulletin
March 17, 2009

WASHINGTON — The mortgage industry, applying far more scrutiny after a tidal wave of defaults, reported a record number of mortgage fraud incidents last year, with Rhode Island making its first appearance as the nation’s top fraud hot spot.

The number of mortgage fraud....

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