Investigating Mortgage Fraud - (PPT)

摘要

Helped spur the housing woes by inflating the value of homes at the direction of equally unscrupulous real estate agents and mortgage brokers (commissions are determined by the size of the deal). Lack of enforcement. The system's inability to effectively investigate and punish those caught committing fraud. Since 2005, more than two dozen states have violated federal rules by failing to investigate and resolve complaints about appraisers within a year. Some complaints sat uninvestigated for as long as four years. As a result, hundreds of appraisers accused or wrongdoing remained in business.