FL No Longer #1 in Fraud

According to a study by the Mortgage Asset Research Institute (MARI), mortgage fraud is more abundant now than it was at the height of the lending boom.  MARI singled out the most troubled states based on cases it gathered from about 600 lenders, mortgage insurance firms and mortgage investors, as well as federal data on loan originations.  Rhode Island topped the list, followed immediately by Florida.  Also in the top ten were Illinois, Georgia, Maryland, New York, Michigan, California, and Missouri.

Reference: http://www.floridarealtors.org/NewsAndEvents/n2-031709.cfm