Sunday, April 15, 2012

Mortgage Scams Identity Theft - Sun Apr 15, 2012

GE, Suncorp linked to lending loophole
The Australian
Under the "ABN (Australian Business Number) for one day" scam -- revealed by The Weekend Australian -- sales people from many of the major lenders were encouraging mortgage brokers to admit borrowers into loans that would ordinarily not be approved.



Mortgage foreclosure scams up nearly 60%
WASHINGTON – April 12, 2012 – The Homeownership Preservation Foundation (HPF), an independent national nonprofit, says that reported mortgage ...


mortgage scam - buy and bail | Ledger Dispatch
Buy and bail. As a tax professional for the past 30-plus years, I have seen just about all the tricks. Buy and bail, though not a widespread scheme, is ju.

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