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Better late than never? Though mortgage-fraud law is praised, some question its effectiveness 

Nearly two years after President Barack Obama initiated a mortgage- and foreclosure-related fraud task force, and after years of legislative gridlock, Michigan has enacted mortgage-fraud protection into law. Public Acts 201-208, approved by Gov. Rick Snyder on Oct. 20 with bipartisan support, now make it a crime to provide false information on a loan application, [...]

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