South Florida Ranks Near Top in U.S. for Mortgage Loan Fraud
Sun Sentinel (Fla.), Dec. 30, 2015–Hurtibise, Ron
The tri-county region’s high percentage of investor-owned properties is a likely reason for South Florida’s high defect rating, said the study’s author, Mark Fleming, chief economist at First American Financial Corporation, which compiles the monthly Loan Application Defect Index, second only to McAllen, Texas.
