Fraudulent flipping: State agency gets extended power to battle mortgage scams

Fraudulent flipping: State agency gets extended power to battle mortgage scams (access required)

By Bill Coates - bill.coates@azcapitoltimes.com

Published: August 21, 2009 at 8:00 am

The housing bubble in Arizona became a cash cow for the unscrupulous. Up until the bubble burst in late 2008, crooked investors and people involved in writing up loan documents bilked banks and homeowners out of millions.

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