Dennis Norman
The Financial Crimes Enforcement Network (FinCen), a bureau of the U.S. Department of the Treasury, released their 2009 Mortgage Loan Fraud (MLF) study which found the number of mortgage fraud suspicious activity reports (SAR’s) filed in 2009 grew 4 percent compared to 2008.
California Top State for Mortgage Fraud Suspicious Activity in 2009
In terms of the number of SAR’s that were filed indicating that the lender felt there was the presence of fraud on a loan during 2009,California had the most with 26,201 such filings, followed by Florida with 18,320.
Source: Financial Crimes Enforcement Network
Los Angeles Top Metro 
Area for Mortgage Fraud Suspicious Activity in 2009
Los Angeles was at the top of the charts for Mortgage Fraud activity in 2009 according to the report, with 10,656 suspicious loans in 2009, followed closely by Miami-Fort Lauderdale-Pompano Beach, Fl, with 10,089.
Source: Financial Crimes Enforcement Network
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