Via National Mortgage Professional Magazine.
U.S. Attorney Nick Klinefeldt and Iowa Attorney General Tom Miller have announced the creation of the Iowa Mortgage Fraud Working Group. The working group will identify and investigate targets for criminal prosecution in the Southern District of Iowa and perform other important functions in the fight against mortgage fraud. Klinefeldt and Miller said they expect the working group to effectively and efficiently protect the public from mortgage fraud and ensure that wrongdoers are brought to justice. The working group combines the civil expertise of the Attorney General in the mortgage industry with the criminal expertise of the United States Attorney.
On the federal level, the working group will utilize the investigative expertise of agencies such as the Federal Bureau of Investigation (FBI) and U.S. Department of Housing & Urban Development–Office of Inspector General (HUD-OIG). Other federal agencies that may participate in the working group include the Secret Service, Internal Revenue Service, United States Postal Inspection Service, and Social Security Administration.
On the state level, the working group includes attorneys and investigators with the Attorney General’s Consumer Protection Division, as well as the Iowa Division of Banking. …