FBI: 200 agents working on mortgage fraud probe

                   
signonsandiego.com     May 17, 2008            

WASHINGTON – The FBI has more than 200 agents and 33 task forces addressing mortgage fraud, has more than 1,300 cases under investigation and has targeted 19 large companies, FBI Director Robert Mueller said Friday. “Clearly, in the last couple of years, we have seen a substantial increase in... [read full story]                

Full Coverage
                   

Mortgage Fraud Rampant

portfolio.com     May 17, 2008          

In my post on Wednesday, I questioned the claim that the dollar value of mortgage fraud was surging, arguing that firms had just become more aware of fraud and filing more suspicious activity reports -- but catching onto fraud before the loan was finalized. In the comments, Ann Fulmer, vice...                

comments

                   

Mortgage Fraud Redux

portfolio.com     May 17, 2008          

In my post on Wednesday, I questioned the claim that the dollar value of mortgage fraud was surging, arguing that firms had just become more aware of fraud and filing more suspicious activity reports -- but catching onto fraud before the loan was finalized. In the comments, Ann Fulmer, vice...                

comments

                   

Reports of mortgage fraud on rise

chron.com     May 18, 2008          

WASHINGTON — The sinking housing market is fertile ground for mortgage fraud, the FBI warns in a new report. The agency said last week that reports of suspected mortgage fraud rose 31 percent to 46,717 in fiscal 2007, which ended Sept. 30, 2007. That was up from 35,617 in the previous fiscal...                

comments

                   

Bush budget snubs FBI's crime squads

nwsource.com     May 19, 2008          

'09 proposal funds new agents only for national security By PAUL SHUKOVSKY AND DANIEL LATHROP P-I REPORTERS Despite a powerful surge in bank robbery, mortgage fraud and white-collar crimes, the Bush administration's 2009 budget leaves an already handicapped FBI criminal program without the agents...                

comments

                   

No relief in sight for FBI crime squads

nwsource.com     May 19, 2008          

Budget would fund new agents only for national security By PAUL SHUKOVSKY AND DANIEL LATHROP P-I REPORTERS Despite a powerful surge in bank robbery, mortgage fraud and white-collar crimes, the Bush administration's 2009 budget leaves an already handicapped FBI criminal program without the agents...                

comments

                   

Bush Budget Snubs FBI's Crime Squads

fergdawg.blogspot.com     May 19, 2008          

Paul Shukovsky and Daniel Lathrop write in The Seattle Post-Intelligencer:Despite a powerful surge in bank robbery, mortgage fraud and white-collar crimes, the Bush administration's 2009 budget leaves an already handicapped FBI criminal program without the agents it needs to respond -- a...                

comments

                   

No new money for FBI's crime squads

nwsource.com     May 19, 2008          

Budget would fund new agents only for national security By PAUL SHUKOVSKY AND DANIEL LATHROP P-I REPORTERS Despite a powerful surge in bank robbery, mortgage fraud and white-collar crimes, the Bush administration's 2009 budget leaves an already handicapped FBI criminal program without the agents...                

comments

                   

FBI: Security tops crime in U.S. budget

upi.com     May 19, 2008          

WASHINGTON, May 19 (UPI) -- FBI officials say plans to build up anti-crime efforts will continue to take a back seat to national security. The Bush administration's 2009 budget doesn't include additional agents to tackle crimes such as bank robbery and mortgage fraud, the Seattle...                

comments

                   

FBI: Security tops crime in U.S. budget

politicalgateway.com     May 19, 2008          

WASHINGTON, May 19 (UPI) -- FBI officials say plans to build up anti-crime efforts will continue to take a back seat to national security. The Bush administration's 2009 budget doesn't include additional agents to tackle crimes such as bank robbery and mortgage fraud, the Seattle...                

comments

                   

Mortgage Fraud Continues to Rise

operationalrisk.wordpress.com     May 19, 2008          

There were 46,717 Suspicious Activity Reports from financial institutions involving mortgage fraud in fiscal year 2007, compared with 35,617 in fiscal year 2006 and 29,994 in fiscal year 2005, the FBI said in a report released last week. The report said the downward trend in the housing market...                

comments

1 2 next