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Inside Washington (08/18/2010)
* WASHINGTON (8/19/10)--The Government Accountability Office (GAO) released a report this week on federal efforts to end mortgage-fraud schemes and recommended that the government develop a more comprehensive strategy than currently exists. In 2009, the administration created the Financial Fraud Enforcement Task Force (FFETF), headed by the Department of Justice, to combat mortgage fraud and other financial crimes. The GAO report said: To develop a comprehensive strategy for the FFETF’s Mortgage Fraud Working Group’s efforts to counter mortgage fraud, the U.S. Attorney General, as the head of the FFETF, should develop clear, long-term strategies and performance measures that the working group can use to evaluate its progress toward its long-term goal of increasing enforcement in the area of mortgage fraud”…


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