Mortgage Fraud

Florida still leads the nation in mortgage fraud according to a report from Lexis Nexis Mortgage Asset Research Institute. This is just another reason why your interest rate isn’t the most important part of your mortgage, dealing with an expert and someone you trust is.

For the fifth year in a row, Florida led all states in 2010 in the amount of reported fraud and misrepresentation on loan applications, according to a report released Monday by the LexisNexis Mortgage Asset Research Institute.