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H.R. 529

BillFederalHouseIn Committee
Nationwide Mortgage Fraud Task Force Act of 2009
About This Bill
Committee
Latest Action · March 16, 2009
Referred to the Subcommittee on Crime, Terrorism, and Homeland Security.
Congress
111th (2009–2011)
Introduced
January 14, 2009
Cosponsors (4)
1D 3R
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Summary

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Nationwide Mortgage Fraud Task Force Act of 2009 - Establishes in the Department of Justice (DOJ) a Nationwide Mortgage Fraud Task Force to: (1) establish branches in the 10 states with the highest concentration of mortgage fraud; (2) establish coordinating entities, and solicit the voluntary participation of federal, state, and local law enforcement and prosecutorial agencies, to organize initiatives to address mortgage fraud; (3) train such agencies; (4) collect and disseminate mortgage fraud data; and (5) perform other related functions. Authorizes the Task Force, including its branches, to perform other functions as well, including: (1) initiating federal mortgage fraud investigations and coordinating state and local investigations; (2) establishing a toll-free hotline; and (3) creating a database of mortgage industry license suspensions and revocations.

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