Our friends at Inman just published this article.  Before I discuss what is in the article, I do have one belief that I'd like to share with everyone.  Obviously AR is a great forum for sharing knowledge.  I also think its an AMAZING FORUM for sharing information that deals with crime and fraud.  As we work to educate each other (agents and consumers alike) we all become more aware of the schemes that criminals continue to try.  The more aware we are, the less likely we are to fall prey and the less likely these people are to make a fast buck.

Back to this article.  350 Ohio area loans worth about 22 MILLION DOLLARS.  Once again, read the article for details but I wonder how scams continue to success in such volume!  Artificial valuations, questionable appraisals, cash back at closing - these are all signs that something fishy may be going on.  If you are involved in a transaction that has any of these tell-tale signs - contact your broker.  Contact another agent.  Contact a friend.  All of us in the industry must strive to minimize the stigma that actions of a few will have on us all!