Sunday, March 04, 2007

Arizona Republic - "Lawsuits targeting mortgage schemes " (3-4-07)

"Big lenders and Wall Street investors are going after Arizona mortgage brokers, appraisers, real estate agents, title firms and home buyers for fraud. Dozens of civil lawsuits alleging the gamut of mortgage fraud, from cash-back deals to lying about income on loan documents, have been filed against Valley firms and individuals during the past few months."

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