FBI: Mortgage Fraud is Growing. Agency reports 47% increase in caseload, $813 million in Fraud Losses. FBI received 46,700 Suspicious Activity Reports related to mortgage fraud in 2007, up from 35,600 in 2006 and only 6,900 in 2003. Subprime loans represent more than 13 percent of all outstanding loans, double from five years before. The subprime lending crisis is directly and indirectly contributing to the increase in mortgage fraud, the FBI report says.”]
Source: https://www.cuinfosecurity.com/fbi-mortgage-fraud-growing-a-857