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Mortgage Fraud a Growing Crime

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Mortgage Fraud a Growing Crime

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Mortgage Fraud a Growing Crime

Mortgage Fraud a Growing Crime

  • Download
  • <iframe src="https://www.npr.org/player/embed/5070778/5070779" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

The red-hot housing market has made mortgage scams a growth industry, according to the FBI. An agency study finds the overwhelming majority of losses from real-estate fraud involve collaboration from industry professionals. Madeleine Brand discusses the findings with personal finance contributor Michelle Singletary.