Sunday, October 19, 2014

Regulations can’t spell the end of mortgage loan fraud

Mortgage loan fraud, virtually a cottage industry during the Great Recession, has thankfully disappeared from the economic landscape, as the financial crisis blows itself out. It has, hasn’t it? Don’t be silly; borrowing and lending are done by human beings, and a real estate loan involves thousands, or millions, of dollars. When there’s big money on the table, somebody will always try to sweep ...

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