Interesting Housing News Links (February 12, 2009)

* FBI shifts agents as fraud cases rise (USA Today)

WASHINGTON Mortgage fraud investigations are mounting as the economic crisis worsens, and FBI agents assigned to national security after the 9/11 attacks are “gradually moving back” to assist with financial fraud inquiries, a top FBI official said Wednesday.

* FBI may shift counterterror agents to anti-fraud

WASHINGTON – With thousands of fraud investigations under way, the FBI is considering shifting agents away from counterterrorism work to help sort through the wreckage of the financial meltdown.

* Mortgage rates slide (Lara Moscrip, Money)

NEW YORK (CNNMoney.com) — Mortgage rates fell during the past week, pushed lower from the uncertainty stemming from the bank bailout plan unveiled Tuesday.

* British grandmother’s Spanish retirement dream ends in tragedy after street mugging leads to her death (The Daily Mail)

A British grandmother died after being mugged outside her new home in Spain and dragged along the street by the thieves’ car, an inquest has heard.

* Suspect in mortgage fraud caught at Canadian border

SACRAMENTO , Calif. A suspect in a nationwide mortgage fraud scheme who fled the country was caught at the Canadian border with $1 million in Swiss bank certificates and $70,000 stuffed in his cowboy boots, authorities said Wednesday.

* California mortgage fraud suspect is caught at Canadian border

Sacramento — A suspect in a nationwide mortgage fraud scheme who fled the country was caught at the Canadian border with $1 million in Swiss bank certificates and $70,000 stuffed in his cowboy boots, authorities said Wednesday.

* Suspect in mortgage fraud seized at Canadian border (Don Thompson)

SACRAMENTO, Calif. A suspect in a nationwide mortgage fraud scheme who fled the country was caught at the Canadian border with $1 million in Swiss bank certificates and $70,000 stuffed in his cowboy boots, authorities said Wednesday.

* Police investigate theft of dogs (Greenville News)

Pickens County deputies are investigating what an Easley resident suspects could be the theft of his two dogs.

* Gang Seeking Drugs Holds Up Family at Wrong Address (Fox News)

A British family settling down for a dinner party were held up by an armed gang who burst into their house and threatened their 5-year-old daughter.

* Mortgage Fraud Suspect Caught With $70G in Boots (Fox News)

SACRAMENTO, Calif. A suspect in a nationwide mortgage fraud scheme who fled the country was caught at the Canadian border with $70,000 stuffed in his cowboy boots and nearly $6,000 worth of platinum, authorities said Wednesday.

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