Governor Signs Legislation Creating Tougher Mortgage Fraud Penalties

Governor Signs Legislation Creating Tougher Mortgage Fraud Penalties

November 2, 2011 – (RealEstateRama) — Legislation providing tougher penalties to those who knowingly engage in mortgage fraud has been passed through the legislature and recently signed into law by Governor Snyder. These new Public Acts seek to address the increased amounts of mortgage fraud in Michigan.

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