Mortgage fraud reports increased by 2% during the third quarter of 2010 but were down by 40% at credit unions, according to data released by the Treasury Department's Financial Crimes Enforcement Network.
From July through September, there were 16,693 suspicious activity reports for mortgage fraud, compared with 16,339 during the same period in 2009.
At credit unions, there were 58 SARs of mortgage fraud, compared with 96 during the same period in 2009.
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