From foreclosure fraud to sub-prime shenanigans, mortgage fraud is a growing threat that is hurting homeowners, businesses, and the national economy. Lee Dworshak, a Realtor® with Keller Williams LA Harbor Realty in Rancho Palos Verdes, California takes a look at this dangerous trend and offers nine ways to protect yourself:
Law enforcement agencies are developing new ways to detect and combat mortgage fraud, including collecting and analyzing data to spot emerging trends and patterns, but like many other schemes, it’s hard to track down the bad guys. Even though they are using their full arresnal of investigative techniques to find and stop criminals before the fact, they are usually brought in after the damage has been done.
Read more: Nine Tips For Avoiding Mortgage Fraud | REALTOR.com® Blogs
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