One of my fellow members of the state bar association forwarded this link to a CBS News video which demonstrates that copy machines built since 2002 contain hard drives which maintain a copy of every document.
Talk about a security risk waiting to happen!
Friday, May 7, 2010
Monday, May 3, 2010
NYC first in the nation for mortgage fraud
New York City was first in the nation for mortgage fraud last year,
according to a report by LexisNexis Mortgage Asset Research Institute,
released on April 26, 2010. To review the report, please click here. The metro area accounted for
12 percent of all suspicious activity reports filed with the Financial
Crimes Enforcement Network in 2009, squarely defeating second-ranked Los
Angeles, whose suspicious activity reports accounted for 8 percent of
the nation's total.
While the LexisNexis did not break down its city data further, a recent report from First American CoreLogic found that South Jamaica, Queens was first in the nation for mortgage fraud between 2004 and 2009. On the whole, New York state has seen a sharp increase in mortgage fraud over the past few years, according to LexisNexis. This year, the state -- ranked 18th in 2007 -- took second place, behind Florida.
I always warn persons about mortgage fraud and get help quick schemes....please read more at my law site or contact our office if you are in need of assistance.
While the LexisNexis did not break down its city data further, a recent report from First American CoreLogic found that South Jamaica, Queens was first in the nation for mortgage fraud between 2004 and 2009. On the whole, New York state has seen a sharp increase in mortgage fraud over the past few years, according to LexisNexis. This year, the state -- ranked 18th in 2007 -- took second place, behind Florida.
I always warn persons about mortgage fraud and get help quick schemes....please read more at my law site or contact our office if you are in need of assistance.
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