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Diane Publishing Books
Real Estate Fraud: A Reprint from “FBI Law Enforcement Bulletin”
Daniel Bradley (au)
The increasing number of real estate foreclosures has become a significant financial issue negatively impacting the national economy. Most of the homeowners legitimately purchased their residences with adjustable rate mortgages (ARMs). Believing that their home values would rise, the buyers expected to refinance if necessary. However, a significant number of people were not innocent bystanders but perpetrators of a criminal conspiracy frequently involving real estate professionals and speculators, mortgage brokers, appraisers, and title companies. The actions of these individuals largely helped create a market with artificially inflated home prices, increasing the potential for values to decline and foreclosures to increase. This criminal activity has impacted communities nationwide and victimized. This essay discusses how a combined response by fed., state, and local enforcement can punish the perpetrators and deter this activity in the future. Illus.
Behavior & Learning of Animal Babies
Asia Rising: Why America Will Prosper as Asia’s Economies Boom
Gershwin in His Time: A Biographical Scrapbook, 1919-1937
Calendars & Constellations of the Ancient World
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