H.R.529 - Nationwide Mortgage Fraud Task Force Act of 2009

To establish in the Department of Justice the Nationwide Mortgage Fraud Task Force to address mortgage fraud in the United States, and for other purposes. view all titles (2)

All Bill Titles

  • Official: To establish in the Department of Justice the Nationwide Mortgage Fraud Task Force to address mortgage fraud in the United States, and for other purposes. as introduced.
  • Short: Nationwide Mortgage Fraud Task Force Act of 2009 as introduced.

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Introduced
 
House
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Senate
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President
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01/14/09
 
 
 
 
 
 
 

Official Summary

Nationwide Mortgage Fraud Task Force Act of 2009 - Establishes in the Department of Justice (DOJ) a Nationwide Mortgage Fraud Task Force to: (1) establish branches in the 10 states with the highest concentration of mortgage fraud; (2) establish coordinating entities, and solicit the volunta

Official Summary

Nationwide Mortgage Fraud Task Force Act of 2009 - Establishes in the Department of Justice (DOJ) a Nationwide Mortgage Fraud Task Force to:
(1) establish branches in the 10 states with the highest concentration of mortgage fraud;
(2) establish coordinating entities, and solicit the voluntary participation of federal, state, and local law enforcement and prosecutorial agencies, to organize initiatives to address mortgage fraud;
(3) train such agencies;
(4) collect and disseminate mortgage fraud data; and
(5) perform other related functions. Authorizes the Task Force, including its branches, to perform other functions as well, including:
(1) initiating federal mortgage fraud investigations and coordinating state and local investigations;
(2) establishing a toll-free hotline; and
(3) creating a database of mortgage industry license suspensions and revocations.

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