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Press Release
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For Immediate Release
March 12, 2009
FBI San Antonio
Contact: Special Agent Erik Vasys
(210) 225-6741

FBI Announces Mortgage Fraud Hotline (210-650-6777)

Ralph G. Diaz, Special Agent in Charge (SAC) of the San Antonio Office of the Federal Bureau of Investigation (FBI), announced today the establishment of a telephone hotline to receive complaints from the public regarding mortgage fraud matters.

The FBI considers mortgage fraud to be a significant and growing crime problem which often affects unknowing consumers, and which has a direct impact upon the overall economic health of the United States. The collapse of the subprime mortgage market, as well as the recent economic downturn, has been met with a corresponding increase in fraud and schemes connected to mortgages and related transactions. The establishment of this hotline will aid the FBI and the community by providing a direct line of alert should mortgage fraud be suspected.