Posts with tag identity theft

Teenager Owes $600,000 in Mortgage Loans After ID Theft

Seventeen-year-old Scottsdale, Ariz., resident Caitlin "Caitie" Hemmerle is up to her eyeballs in debt, including owing $600,000 in mortgage loans and another $100,000 in car loans and credit cards. How did this happen? Easy. Caitie is a victim of child identity theft, a practice that is growing for one simple reason:... Continue Reading »

Mortgage Fraud Jumps 17 Percent

After a two year lull in response to the subprime mortgage crisis, lending fraud is back with a vengeance. A new report by research firm CoreLogic shows that mortgage fraud rose 17 percent last year. In comparison, fraud dropped a total of 57 percent in the two years following its peak in 2006. While the increase may seem... Continue Reading »

Identity Theft More Likely When Moving to a New Home

If you're planning to buy a house, rent a different apartment or relocate your family anytime soon, chances are you didn't think that moving could make you the victim of identity theft. But during a move, homeowners and renters alike are particularly susceptible to identity theft -- a crime which is especially prevalent... Continue Reading »

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