Mortgage fraud loses of at least $1.4 billion in 2008 has been reported by the U.S. financial institutions , there has been a rise of 83.4 per cent over 2007, said by the FBI.Further the FBI said that, according to the Federal Bureau of Investigation’s 2008 Mortgage Fraud Report that has been released on Tuesday, during fiscal year (FY) 2008…
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U.S. mortgage Fraud Hit $1.4 billion