A recent CNNMoney article describes short sale fraud as a continuing
plague on the housing market. In the article, short sale fraud is described as
having a new "twist;" specifically, the same-day resale, which allows scammers to
rip off mortgage lenders in a matter of hours.
Brian Margolies, Partner, Traub Lieberman Straus & Shrewsberry LLP
In its recent decision in State Farm Fire& Cas. Co. v. Anderson , 2013 U.S. Dist. LEXIS 57837 (S.D. Miss. Apr. 23, 2013) [ enhanced version available to lexis.com subscribers ], the United States District Court for the Southern...