Jun 17, 2010
Virginia ranks #20 nationwide for mortgage fraud
17 Jun 2010
Posted by VAR
An FBI report finds Virginia among the top 20 states with the highest incidence of mortgage fraud. As reported previously on VARealtor.com, in an effort to stamp out mortgage fraud in Virginia, the Virginia Bureau of Financial Institutions is in the process of licensing all mortgage originators through the National Mortgage License System. The license application process includes a criminal background check.