hasn't oversight stepped up over the past few years? >> and you thought people start passing out halos and all of a sudden people stop the fraud? no. it doesn't work that way, tony. it's true, fraud often changes what w. the times, so it's hard to completely get rid of it. the number rose 7% last year. that's better than the 26% jump we saw in 2000 but economists say this study is only the tip of the iceberg because fraud isn't usually detected until the loan goes bad. when things get bad that's when we see who is up to the bad stuff. there are probably a lot more cases that we don't even know about yet. here is what people should look for. the most common types of fraud are falsifying information on mortgage applications and inflated appraisals. this idea of a liar loan, that's an issue, that's when a mortgage professional knowingly inflates the borrower's income. that's not good. if your mortgage servicer falsifies your information that means you're probably getting a
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