Mortgage Loan Fraud Reporting Update.

New mortgage fraud report from Financial Services Enforcement Network HERE (as PDF).

According to the report:

1. "...The final total for mortgage fraud SARs [suspicious activity reports] filed in 2007 was 52,868, an increase of 42 percent.
2. "..Mortgage Loan Fraud was the third most prevalent type of suspicious activity reported, after Bank Secrecy Act/ Structuring/Money Laundering and Check Fraud."