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Mortgage fraud. Mortgage company owners and brokers are millionaires now, and taxpayers must pay the bill.
"US mortgage-fraud cost seen at $2.5 billion a year - 27 Mar 2008
NEW YORK (Reuters) - Losses from mortgage fraud such as lying on loan applications and inflated appraisals will cost the industry about $2.5 billion ."
"Mortgage broker facing 30 years for fraud - Bizjournals.com"
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ICQ 557504926
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