References in periodicals archive ?
Builder Bailout 2% Advance Fee 2% Foreclosure Rescue 2% Commercial Real Estate Loan Fraud 4% Short Sale 4% Real Estate Investment 7% Title/Escrow/Settlement Fraud 14% Loan Origination Schemes 62% Equity Skimming 2% Bankruptcy Fraud 1% Source: FBI, "2010 Mortgage Fraud Report, Year in Review," August 2011.
Some of the current rising mortgage fraud trends include equity skimming, property flipping and mortgage-related identity theft.
The report notes significant new trends in mortgage fraud as well, including equity skimming and more sophisticated property flipping.
Some of the current rising mortgage-fraud trends include: equity skimming, property flipping and mortgage-related identity theft," said the report.