Short sales invite fraud
by Ted Carter Published: October 21,2012
Tags: Freddie Mac, housing market, Mississippi Real Estate Commission, real estate, Robert Praytor, short sale
Perhaps with the end of the nation’s housing crisis, a previously seldom-heard term — the short sale — will go away. And with its departure, banks will be relieved of the short sale frauds that investigators with federal mortgage guarantor Freddie Mac say costs lenders nationwide hundreds of millions of dollars a year. Mississippi hasn’t [...] [...]

