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WASHINGTON — The Financial Crimes Enforcement Network April Trends Report of analysis of Suspicious Activity Reports filed by financial institutions revealed a 44% increase in suspected mortgage loan fraud in 2006 compared to the preceding year. Suspected loan fraud was detected prior to loan disbursements in 31% of the mortgage loan fraud SARs filed between April 2006 and March 2006, compared to 21% filed in the preceding ten years.

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