Real estate-related loans fraud

Last year, 26% two years ago, P · increased 7% p
California, Florida, New York, is not common

Since the collapse of the real estate mortgage market-related fraud was found to increase steadily.

‘Lake Mortgage Asset Research Institute, snacks system according to a recent study in the past, the 2009 real estate-related loan fraud increased by 7%, published, according to the survey. Real estate real estate market downturn chidatdeon the last peak of loan fraud up to 26% growth in 2008 and has been a serious social problem.

Last year, a slight slowdown in economic growth, experts, perhaps, but still a lot of owners have re-adjusted injury-related fraud in the view of their loan is expected to grow steadily.

In response, the federal government-funded real estate-related loan fraud-related law enforcement task force, installation and financial institutions to increase loans to first line checks to prevent fraud, including the strengthening of a positive response to irregular.

However, these campaigns were under way for consumers to purchase loans increased the threshold for the results obtained pyeonggada slow recovery of the real estate market.

In the survey, the majority of loan fraud, resulting in many regions of Florida. Rise above the shame of the investigation last year anatdeon Rhode Island dropped out of the top 10 in this year’s survey. In addition, New York, California, Arizona, Michigan and loan fraud was chosen more frequently. In addition, 10 shares of 8 people concentrated in the eastern state.

Dennis James, the survey’s “financial institutions, researchers, in order to prevent fraud, to buy a spiral in order to minimize the customer who needs to develop a loan scheme for the inconvenience,” he said.

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