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"The median monthly payment reduction for borrowers enrolled in
the (HAMP) program is $522" - DSnews.com

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California Starts Mortgage Fraud Task Force


The State of California is creating a special task force of 17 lawyers and 8 special agents from the Department of Justice to investigate all the fraud within the mortgage industry.  This special group of individuals is going to be looking into "corporate fraud, scam and lending practices".  Attorney General Kamala Harris will make an announcement on Monday of the Mortgage Fraud Strike Force.  Harris believes that it does not matter what the size of the fraud is, they are ready to take it on.