FDLE 2005 MORTGAGE FRAUD ASSESSMENT_by OSI

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Permalink Reply by L on March 13, 2010 at 7:11pm

My favorite part is the fact that this is dated 2005. Thank goodness Special Agent Scott Friedman's report was the source of intense study and implemented fraud investigations & prosecutions! Glad that this was acted upon urgently to avoid what could have been a real mess in Florida!


yeah...........woulda been nice.............

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Permalink Reply by stopGOVTwaste on March 29, 2010 at 12:10pm

I CALLED FDLE ABOUT 3 MONTHS AGO, was referred to a field rep, left my message & never heard back from the man =(

SORRY (CHUMP) - no justice for you, just more s**t cake & ice cream stories from the main stream media while fraud on the court and recording fake @ss crap in public records continues at record pace.

What has happened (if any) over the course of the last five years to investigate these "economic crimes?"

Has the AG & FDLE communicated any concerns over "economic crimes?"

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Permalink Reply by stopGOVTwaste on April 5, 2010 at 6:39pm

U.S. Probes Foreclosure Data Provider - "BOGUS" assignee - must see:

http://online.wsj.com/article/SB10001424052702303450704575160242758...

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Permalink Reply by stopGOVTwaste on May 11, 2010 at 3:25pm

From the report...

"In reviewing assessments from universities, the mortgage and real estate industry, federal and state government agencies as well as the experiences of investigations within the Florida Department of Law Enforcement, it is clear that diligence stops most frauds before financial losses occur. It is also clear, that investors rely too much on the very industry that may be defrauding them to conduct due diligence. Proper due diligence should be conducted by independent specialists and not solely by the parties involved. Though there is a cost involved with hiring specialists, many of these reviews can be done easily and cheaply. For instance, a basic review of courthouse documents to ensure proper filings is a productive method to identify and stop some frauds (such as taking on multiple investors for the same property) and can be done for free on the Internet."

http://www.foreclosurehamlet.org/profiles/blogs/sgws-guide-to-looki...

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Permalink Reply by stopGOVTwaste on May 18, 2010 at 10:25am

Financial Crimes Enforcement Network
Mortgage Loan Fraud, An Industry Assessment based upon SAR analysis
Office of Regulatory Analysis - November 2006

http://www.fincen.gov/news_room/rp/reports/pdf/MortgageLoanFraud.pdf

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Permalink Reply by stopGOVTwaste on May 20, 2010 at 1:13am

Financial Fraud Enforcement Task Force Hosts Mortgage Fraud Summit in Detroit

http://www.prnewswire.com/news-releases/financial-fraud-enforcement...

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Permalink Reply by L on May 21, 2010 at 4:26pm

Attorneys forged signatures on many foreclosure documents http://ning.it/cNW3f7

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Permalink Reply by L on May 21, 2010 at 5:13pm

The Key to Shutting Down Foreclosure Mills- Attacking Their Questionable Assignments http://ning.it/b5ypWA

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