Typical Mortgage Fraud Schemes
What do “Backward Applications”, “Air Loans”, “Silent Seconds”, “Nominee Loans”, “Property Flips”, “Foreclosure Schemes” and “Equity Skimming” all have in common?
They are all addressed by the Federal Bureau of Investigation’s Operation Quick Flip.
One of the fastest growing white collar crimes in the US is mortgage fraud. Information about Operation Quick Flip is available on the FBI’s web site describing what fraud is, what the consequences are of mortgage fraud and examples of how the FBI is actively pursuing mortgage fraud cases.
It’s interesting reading material at:
http://www.fbi.gov/page2/dec05/operationquickflip121405.htm
![[Ask]](http://www.wheatworks.com/wp/wp-content/plugins/bookmarkify/ask.png)
![[BlogBookmark]](http://www.wheatworks.com/wp/wp-content/plugins/bookmarkify/blogbookmark.png)
![[Bloglines]](http://www.wheatworks.com/wp/wp-content/plugins/bookmarkify/bloglines.png)
![[del.icio.us]](http://www.wheatworks.com/wp/wp-content/plugins/bookmarkify/delicious.png)
![[Digg]](http://www.wheatworks.com/wp/wp-content/plugins/bookmarkify/digg.png)
![[Facebook]](http://www.wheatworks.com/wp/wp-content/plugins/bookmarkify/facebook.png)
![[Furl]](http://www.wheatworks.com/wp/wp-content/plugins/bookmarkify/furl.png)
![[Reddit]](http://www.wheatworks.com/wp/wp-content/plugins/bookmarkify/reddit.png)
![[Slashdot]](http://www.wheatworks.com/wp/wp-content/plugins/bookmarkify/slashdot.png)
![[Squidoo]](http://www.wheatworks.com/wp/wp-content/plugins/bookmarkify/squidoo.png)
![[StumbleUpon]](http://www.wheatworks.com/wp/wp-content/plugins/bookmarkify/stumbleupon.png)
![[Technorati]](http://www.wheatworks.com/wp/wp-content/plugins/bookmarkify/technorati.png)
![[Windows Live]](http://www.wheatworks.com/wp/wp-content/plugins/bookmarkify/windowslive.png)
![[Yahoo!]](http://www.wheatworks.com/wp/wp-content/plugins/bookmarkify/yahoo.png)
Posts
