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MORTGAGE FRAUD
Reports of suspected mortgage fraud rose 42 percent last year, and U.S. banks now take a much closer look at loan applications. The most common type of fraud: misrepresentation of income or assets followed by forged documents, misrepresentation of a borrowers' intent to occupy a property, and inflated appraisals.
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Most Resilient U.S. Real Estate Markets
Matt Woolsey, 06.08.07, 12:01 AM ETWhen it comes to real estate, the questions on everyone's lips are: How low is low, and when's the perfect time to buy back in?
That moment has passed in Seattle and Charlotte--both metros hit bottom in the first quarter of 2006 and have since posted price gains ...
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