Florida Leads Nation in Mortgage Fraud

 · Florida is the third most populous state with the highest fraud rate by far. SUBSCRIBE FOR MORE VIDEOS AND NEWS http://bit.ly/WPMMba LET’S CONNECT: Facebook.

South Florida is the nation’s capital of mortgage fraud, property data firm CoreLogic says. In a report released Wednesday,

 · Florida was the worst hit state, according to MARI, with a mortgage fraud index reading of 292. That means the Sunshine State had nearly three times the expected level of fraud.

Out of all the states in the union, Florida is the worst in terms of identity theft and fraud. According to the 2012 Consumer Sentinel Network Report from the federal trade commission, Florida leads the nation in incidences of these crimes. Last year, there were a total of 203,768 fraud and identity theft complaints in the state of Florida.

 · The Subprime Primer. by Mike on September 20, 2008. Wondering why our banking system is on the verge of collapse? Baffled at just how a surge in mortgage defaults threatens to pancake our entire economy? Look no further than the power of cartoons:. previous post: florida leads the nation in mortgage fraud.

 · A new report claims that Florida leads the nation in mortgage fraud. In fact, 24 percent of fraudulent loans reported to the [Mortgage Asset Research Institute] during the first quarter originated on properties in Florida. The most common kind of fraud was application fraud, including misstating income and false identification.

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WASHINGTON – Florida remained the hotspot for fraud and identity theft in 2014, burdened by the highest per-person rate of consumer complaints in the nation. Among metro areas, South Florida.

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The scandal and the election board investigation of ballot fraud discouraged Mr. Harris from running again. The special.

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Florida is the No. 1 destination. Florida was the top new destination for 15 of the 50 states. Of all purchase mortgage requests during the study’s period, 9.1% were for Florida. For out-of-state movers, 12.4% of requests were for Florida. The Sunshine State has a long history of bringing in visitors and new residents, particularly retirees.

Florida is No. 1 in the sun on fraud, ID theft Florida’s got it all: Sun. Sand. Identity theft on a massive scale that puts the rest of the country in the shade. Florida leads the nation in both fraud and identify theft complaints per resident, the Federal Trade Commission says today .

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