Mpls #1 in Mortgage Fraud?
From:
Bill Dooley
Date:
May 15 19:26 UTC
Short link
According to the *Federal Bureau of Investigation 2007 Mortgage Fraud Report
*, which uses a variety of sources, the top 10 mortgage fraud states for
2007 were:
1. Florida
2. Georgia
3. Michigan
4. California
5. Illinois
6. Ohio
7. Texas
8. New York
9. Colorado
10. Minnesota
The same report also gives us a chart of "Fannie Mae Top 10 Zip Code Markets
for (Mortgage Loan) Misrepresentations." Ranked #1 is Minneapolis (554).
Type of Mispresentation: Credit and SSN.
The entire report can be found here:
http://www.fbi.gov/publications/fraud/mortgage_fraud07.htm
Bill Dooley
Kenny
.