In a session today entitled “Effectiveness of the Mortgage Fraud Task Force Approach,” Lisa R. Gore, Assistant Special Agent in Charge, Criminal Investigation Division, Office of Inspector General of the U.S. Department of Housing and Urban Development and HUD-OIG Representative on the FBI National Mortgage Fraud Task Force, told lenders that mortgage fraud is rising right along with the originations that are being insured through FHA. Furthermore, she says that the number of loans involved in any given fraud case increased dramatically. One investigation can easily involve between 300 and 1000 loans. More to follow…