I'm sure many will recall the warning of rampant mortgage fraud issued in 2004 by the FBI.

It'll be interesting to see if anybody in the industry or in Washington pays attention this time around. The article refers to a 36% jump year over year from 2008. If that doesn't get someones attention, nothing will.

http://www.reuters.com/article/topNews/idUSTRE5667LD20090707?feedType=RSS&feedName=topNews