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 Issue of June 12, 2006 
   

Regulators Building Loan Fraud Database

Mortgage fraud remains on the rise nationwide. According to government statistics, the number of Suspicious Activity Reports involving mortgage fraud has grown by more than 20,000 in the past five years.
By Andrea Gregory
Massachusetts can consider itself lucky compared to most other states when it comes to mortgage fraud, but state regulators say more work is needed to ensure that doesn’t change.

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