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Mortgage Fraud in Foreclosure Properties Increases

By Zen Ziejewski

Real Estate Agent with Keller Williams Realty 00998118

March 29, 2011 07:23 AM

Good Morning All,

I just blooged on a report from DSNews.com on the increasing Mortgage FRAUD with FORECLOSURE properties. California is not ranked the highest in the nation, however, we have our fair share.

We need to do what we can to remove these fraudulent lenders from our industry !

Please take a moment and read this informative piece:

MORTGAGE FRAUD INCREASED IN FORECLOSURE PROPERTIES

Your thoughts and feedback on this topic are greatly appreciated. Please feel free to post your comments.

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Tamara Schuster

Naperville Glen Ellyn Lisle Plainfield Wheaton Illinois - Naperville, IL

Realtor Broker - Naperville

This is worth checking into. Thank you.

Mar 29, 2011 07:24 AM

Marcy Steiner

Pittsburgh, PA

Mortgage fraud is really a thing of the past. Everyone involved in the lending business nowadays has to undertake many different levels of state and national licensing, background checks, criminal checks, fingerprinting and continuing education. Mortgage lenders are more scrutinized for fraud prevention than any other individual involved in a real estate transaction.

Mar 29, 2011 07:28 AM

Cindy Logan

Mark 1 Real Estate Advisors - Huntington Beach, CA

Zen, great information. I see so many homeowners who have been taken advantage of; including homeowners who are paying for loan modifications to Realtors. Scary to see all the challenges out there.

Mar 29, 2011 07:29 AM

Mortgage Fraud in Foreclosure Properties Increases

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