Banks Face Short-Sale Fraud as Home ‘Flopping’ Rises (Update1)

June 12th, 2010 | by admin |

Banks Face Short-Sale Fraud as Home ‘Flopping’ Rises (Update1)
June 10 (Bloomberg) — Two Connecticut real estate agents found a way to profit in the U.S. housing bust: Buy low, sell fast. Their tactic was also illegal.

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