Fraud Alert: Fannie Mae mortgage fraud report
Fannie Mae’s September
mortgage fraud report, which is based on Fannie Mae loan reviews through the
end of August, shows the following misrepresentations by type:
Occupancy: 18%
Income: 24%
Assets: 6%
Property: 14%
Value: 1%
Liabilities: 27%
SNN: 7%
Credit: 3%
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