Diaz-Balart Joins Congress In Taking Steps Toward Reducing Mortgage Fraud
WASHINGTON, DC— Today, with the support of Congressman Mario Diaz-Balart (R-FL), the House of Representatives passed H.R. 6853, the Mortgage Fraud Coordinator Act of 2008. Diaz-Balart made the following statement.
“This legislation, modeled after a similar idea that emerged in South Florida, comes in what is a critical time for the housing market and the economy,” said Diaz-Balart. “Although much remains to be done, it is a step in the right direction to reducing mortgage fraud in our community and throughout the nation.”
Diaz-Balart is a co-sponsor of the Mortgage Fraud Coordinator Act of 2008, introduced by Congressman Kendrick Meek (FL-17), which establishes a Nationwide Mortgage Fraud Coordinator within the Federal Bureau of Investigation.
“I thank and applaud Congressman Meek for taking the lead on this important issue and bringing to the floor this bi-partisan and common-sense legislation,” said Diaz-Balart.