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In the last five years mortgage fraud resulted in 8 billion dollars in Government fines. Only 20 percent of the
cases are of the old fraud-for- housing style, in which a person falsifies
personal documents so that they can achieve the American dream. Most
mortgage fraud now, say the FBI, is fraud-for-profit. KNPRs Ky
Plaskon took a look at the governments local mortgage fraud initiative.
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