We will spend the next series of posts discussing some of the more popular mortgage fraud scams.
The effects of mortgage fraud cannot be overstated. It was the collapse of the housing market that precipated the 2008 crash that very nearly wiped out the American economy. It is not the purpose of this blog to get into political discussions as to what actually caused this crash. However, it is beyond argument that fraud was a major component of the development of this crash.
Unfortunately, mortgage fraud continues today which is the purpose of these postings.
We will begin tommorrow by discussing the importance of home ownership for the American economy for my international readers. On that note, I would like to welcome the readers of this blog from Germany. My stats show that for the first time, I have had more views this past week from a foreign country (Germany) than from the United States. I normally get a lot of hits from Russia and the UK, so it is nice to know this blog is also attracting readers from Central Europe.
The effects of mortgage fraud cannot be overstated. It was the collapse of the housing market that precipated the 2008 crash that very nearly wiped out the American economy. It is not the purpose of this blog to get into political discussions as to what actually caused this crash. However, it is beyond argument that fraud was a major component of the development of this crash.
Unfortunately, mortgage fraud continues today which is the purpose of these postings.
We will begin tommorrow by discussing the importance of home ownership for the American economy for my international readers. On that note, I would like to welcome the readers of this blog from Germany. My stats show that for the first time, I have had more views this past week from a foreign country (Germany) than from the United States. I normally get a lot of hits from Russia and the UK, so it is nice to know this blog is also attracting readers from Central Europe.
NOTE: THE INFORMATION IN THIS BLOG IS NOT LEGAL ADVICE NOR
IS IT INTENDED TO BE LEGAL ADVICE. IF
THE READER HAS ANY LEGAL QUESTIONS, PLEASE REFER TO AN ATTORNEY.
----------à>>>>>>>>>>>>>>>gene
tausk
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