Colorado Mortgage Fraud Law Passed The House - $75,000 Mandatory Minimum Fine
Published Thursday, April 20, 2006 by Real Estate Pro | E-mail this postAccording to Justin R. Morton, State Government Relations Representative for the Appraisal Institute, a Colorado bill establishing mortgage fraud laws passed the House yesterday, April 4.
This measure imposes a mandatory minimum fine of $75,000 for residential mortgage fraud and grants the attorney general concurrent jurisdiction to prosecute mortgage fraud.
Tagged: Colorado
Colorado Mortgage Fraud Law Passed The House - $75,000 Mandatory Minimum Fine