Mortgage Fraud in Georgia Seesaws, Finally Drops From Number One Ranking
SAVANNAH, Ga. -- Georgia has had the unwelcome distinction of being ranked No. 1 in the country when it comes to mortgage fraud for the past few years.
The peach state has topped the list for the past four years, but in early 2006, it dropped to number three only to rise again to number one by year end, Rob Braswell, commissioner with Georgia's Department of Banking and Finance told attendees at the Georgia Credit Union Affiliates' annual convention. A few weeks ago, Georgia had dropped to number 12, but just two weeks ago, had climbed back to fourth place, Braswell said.