The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Dan3 who wrote (173804)	12/26/2008 8:19:20 PM
From: tejek	Read Replies (1) of 306849

My wife is a litigator who mostly works with title insurance companies. The title insurance companies started seeing a big increase in fraud around 2003 and they could not get anyone to prosecute the crimes they kept finding. It really did get a lot worse after the Bush guys took over from the Clinton guys. I was selling real estate in LA in the late 90s. LA is the most likely place to see a lot of fraud and there was very little to be seen back then. There was some but no where near the scale we saw after 2000. And its not just real estate and the lenders.....we're seeing the same thing with the SEC.

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