3.0.0 3547 2022-02-03T05:08:42Z 2022-02-03T05:08:42Z Senate S S 2008-09-23 110 ssju00 Judiciary Committee Senate Standing Referred to 2008-09-23T23:07:28Z Nationwide Mortgage Fraud Coordinator Act of 2008 110 6853 HR 2008-09-23 Received in the Senate. Related bill CRS 2008-09-23 ssju00 Judiciary Committee Senate Read twice and referred to the Committee on the Judiciary. IntroReferral 2008-09-23 Introduced in Senate IntroReferral 10000 9 Library of Congress N000032 Sen. Nelson, Bill [D-FL] CLARENCE NELSON D FL WILLIAM N M001162 Sen. Martinez, Mel [R-FL] Mel Martinez R FL 2008-09-23 True L000174 Sen. Leahy, Patrick J. [D-VT] Patrick Leahy D VT 2008-09-24 False Crime and Law Enforcement Congress Congressional reporting requirements Criminal investigation Criminal justice information Data banks Department of Justice Executive reorganization Federal Bureau of Investigation (FBI) Federal-local relations Federal-state relations Finance and Financial Sector Fraud Government Operations and Politics Government paperwork Housing and Community Development Law Legislation Licenses Local laws Mortgage banks Mortgages Prosecution Real estate appraisal Science, Technology, Communications State laws Telephone Crime and Law Enforcement 00 2008-09-23 Introduced in Senate 2008-10-15T21:30:57Z Nationwide Mortgage Fraud Coordinator Act of 2008 - Requires the Director of the Federal Bureau of Investigation (FBI) to assign the Chief of its Financial Crimes Section, Criminal Investigative Division, to be the Nationwide Mortgage Fraud Coordinator, who shall oversee all FBI activities related to investigation of mortgage fraud.

Directs the Coordinator to: (1) establish regional task forces, consisting of the voluntary participation of federal, state, and local law enforcement and prosecutorial agencies, to organize initiatives to address mortgage fraud; (2) train such agencies; (3) collect and disseminate mortgage fraud data; and (4) perform other related functions.

Authorizes the Coordinator to: (1) establish a toll-free hotline and other information systems for receiving reports and informing the public about mortgage fraud; and (2) creating a database of mortgage industry license suspensions and revocations.

Authorizes the Department of Justice, upon consideration of any recommendations by the Coordinator, to: (1) propose legislation to federal, state, and local legislative bodies to assist in the detection, investigation, and prosecution of mortgage fraud, including measures to address mortgage loan procedures and property appraiser practices; and (2) make recommendations to Congress as to the need for additional resources to combat mortgage fraud.

]]> Nationwide Mortgage Fraud Coordinator Act of 2008 Short Titles as Introduced Nationwide Mortgage Fraud Coordinator Act of 2008 Display Title Nationwide Mortgage Fraud Coordinator Act of 2008 Official Title as Introduced A bill to establish in the Federal Bureau of Investigation the Nationwide Mortgage Fraud Coordinator to address mortgage fraud in the United States, and for other purposes. Introduced in Senate 2008-09-23T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110s3547is/xml/BILLS-110s3547is.xml 2008-09-23 Read twice and referred to the Committee on the Judiciary. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.