Wednesday, May 16, 2007

Mortgage Fraud: California ranked 2nd in the nation

Florida has secured the pole position in the United States of America when it comes to most cases of mortgage fraud. Not a big surprise there. I mean, forget the hurricanes, who wouldn't want to leave near Disneyworld, Cape Canaveral, Tampa, alligators, elderly entitlees, golf courses, humid 90 degree weather, and a slew of Elian Gonzalez fans, not to mention very affordable housing?

California comes in a distant second place. Again, no big surprise. Everyone wants to live here. The weather is fantastic, a little traffic, a little unattentive driving, might be a little late for work - but nothing bad.

ABC's Channel 7 news finally reports on the 214% increase in mortgage fraud cases in California, and the staggering 2,800% increase in mortgage fraud cases in the Golden State since 1996.

The stellar reporters of ABC news in Orange County crack another big case yet again! I mean these guys are just so on top of what's happening.
I'm just curious. Was it when the number of cases grew to the 2,000% threshhold that the story finally became newsworthy?

Wow! We're all just really impressed here, let me tell you!

Now, turn it back to American Idol!

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