…is like saying there was no fraud that took place during the last few years in housing.
- No loan officers falsified loan documents
 - There was no signature fraud
 - No escrow/title agents producing phantom Settlement Statements
 - No complicit real estate agents in the loop
 - No complicit Notary Public signers
 - No fraudulent appraisals
 - No cash back post closing fraud transactions
 - No buyers buying homes to flip which were financed as “primary residences.”
 - Short sales are rarely the result of fraud initiated by any of the above.