Mortgage Fraud, Day 1
Victims and officials testified about the practice of mortgage “flipping,” a practice in which home buyers are tricked into buying rundown houses at artificially inflated prices.
199 viewsVictims and officials testified about the practice of mortgage “flipping,” a practice in which home buyers are tricked into buying rundown houses at artificially inflated prices.
199 viewsWitnesses testified regarding repetitive loss claims filed with the National Flood Insurance Program. They focused on the significant cost of repetitive loss claims and the abuse of the syst…
73 viewsThe House Government Operations Employment and Houseing Subcommittee heard testimony on the 1989 Housing and Urban Development (HUD) Reform Act, originally intended to reduce waste and frau…
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