Thursday, December 08, 2005

Inman Real Estate News - Top real estate stories of 2005

Inman Real Estate News - Top real estate stories of 2005: "Real estate fraud high on the radar. There was no shortage of reports of real estate loan fraud in 2005, with the FBI saying this type of fraud is 'pervasive and growing' in the United States, and the Mortgage Asset Research Institute ? which tracks mortgage fraud ? saying a growing number of incidents are being reported. Georgia, which is often noted as being among the states with the highest incidences of fraud, took action this year, passing the Georgia Residential Mortgage Fraud Act, the first law that defines the criminal offense of residential mortgage fraud."

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