| Aug 18, 2011 12:15PM The housing boom created a rich climate for mortgage fraud and while the bust that followed the boom has changed the nature of the crime, it has provided continued opportunities which the Federal Bureau of Investigation (FBI) is attempting to quantify. The Bureau has released a study that attempts to quantify the breadth and depth of mortgage fraud in 2010 so FBI program managers and the general public can better understand the current threat. The report says that fraud continued in 2010 at elevated... Aug 18, 2011 12:17PM The National Association of Realtors ® reported today that existing-home sales in July were down from the previous month but were significantly higher than a year earlier. Existing home sales include completed transactions on single-family homes, townhomes, condominiums, and cooperative apartment. The annualized rate of existing home sales fell to 4.67 million in July from 4.84 million in June, a drop of 3.5 percent . The June figure was significantly revised upward in this month's report from...
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