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Mortgage Fraud Reports Jump in 2011

Posted on Jul 26, 2012

Reports of mortgage fraud rose in 2011, according to research released recently by LexisNexis. In fiscal year 2011, the FBI collected a total of 93,508 Suspicious Activity Reports (SARs) from all federally insured financial institutions. That's a 33 percent increase from FY 2010. Nothing helps protect one from fraud when buying/selling a home, then using an experienced real estate attorney.

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