Quantcast (access required)"/>
Home / agencies / Fraudulent flipping: State agency gets extended power to battle mortgage scams (access required)

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

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.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

 

x

Check Also

No more Pappas schools, but the mission continues   (access required)

The Thomas J. Pappas schools in Phoenix and Tempe had one mission: educate homeless students. That mission collapsed, however, under the weight of large budget deficits. The schools, run by Maricopa County Regional School District, were closed in 2008.