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FBI warns of escalating mortgage fraud  24 mins ago
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CNBC  | May 13, 2008

WASHINGTON - The sinking U.S. housing market is fertile ground for mortgage fraud, the FBI warned in a new report. The agency said Tuesday that reports of suspected mortgage fraud rose 31 percent to 46,717 in fiscal 2007, which ended Sept. 30, 2007. That was up from 35,617 in the previous fiscal yea...
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