1.0 link 227478 <![CDATA[Mortgage Fraud Rampant And Growing: FBI]]> http://www.huffingtonpost.com/2009/07/07/mortgage-fraud-rampant-an_n_227478.html WASHINGTON (AP) -- Falling housing prices are driving up reports of mortgage fraud, with the FBI saying Tuesday that reported losses are up 83 percent last year and climbing even higher in 2009.

In its 2008 Mortgage Fraud Report, the Federal Bureau of Investigation said the downturn in the economy, a spike in foreclosures and defaults and diminishing credit availability "fueled a rampant mortgage fraud climate fraught with opportunistic participants desperate to maintain or increase their current standard of living."

"Industry employees...

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