Saturday, April 28, 2012

Experian reveals mortgage fraud increases for fifth successive year














Experian Identity &
Fraud has revealed that fraudulent applications for mortgages increased
by eight per cent in 2011, marking the fifth consecutive year in which
the rate of mortgage fraud has increased.

Around 34 in every 10,000 applications for mortgages were found to be
fraudulent in 2011, compared to just 15 in every 10,000 in 2006.

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