Tarrant County DA Faces “Tsunami” of Mortgage Fraud Cases

The Tarrant County district attorney's office says it's overwhelmed with alleged mortgage-loan fraud cases.

Investigators estimate more than $42 million in mortgage schemes in Tarrant County according to the Star-Telegram.

Last week, the economic-crimes unit received seven new cases.

While the number of potential cases seem to be rising, the FBI doesn't consider Texas to have a "significant mortgage-fraud problem."

California, Florida, Michigan, Nevada and Utah have that distinction.

Copyright AP - Associated Press
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