Tuesday, March 17, 2009
In a session on mortgage fraud task forces, HUD assistant special agent in charge Lisa R. Gore told attendees that investigators are dealing with a significant up tick in zero payment default. In response, HUD, FBI and other agencies had formed a special mortgage fraud team, on which she serves. The purpose, she said, was to combine and leverage resources so that they can identify the most egregious cases and coordinate a multi-agency response. She encouraged lenders to support law enforcement efforts and to develop relationships with local task forces and working groups. A call to the lender’s local agency office would get them the right contact information. More to follow…
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