MLS Real Estate & Listings Blog

The number of suspicious activity reports related to mortgage fraud increased 31 percent in 2007 compared to the year before, to 46,717, with 60 percent of those incidents involving false claims on loan applications such as employment history and claimed income.  more…

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U.S. foreclosure activity rose 59.8 percent in February compared to the same month last year, data provider RealtyTrac reported today, and Nevada led the nation with a foreclosure rate of one filing for every 165 households — more than three times the national average.  more…

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