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01/23/07
State targets mortgage fraud
Filed under: General, Real Estate, Mortgages
Posted by: Lillian Wong @ 9:35 pm

A wave of mortgage fraud in the Valley has prompted state legislation that would define it as a crime punishable by up to 10 years in prison.

A day after The Arizona Republic’s special investigation into cash-back mortgage deals, Sen. Jay Tibshraeny of Chandler introduced a bill that would make mortgage fraud a felony.  More…

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