Perdue Proposes Creating Mortgage Fraud Unit

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WJBF ABC-6  
February 5, 2010

Georgia state Sen. Bill Cowsert has introduced legislation to establish a special unit from the Georgia Bureau of Investigation, the Department of Banking and Finance and local law enforcement to investigate mortgage fraud. The proposal has the backing of Georgia Gov. Sonny Perdue. Between 2005 and 2008, mortgage fraud referrals cost the state -- which ranks fourth in the nation for this type of crime -- approximately $144 million.

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