Mission Statement: We are a public/private partnership created to reduce mortgage fraud and prevent victimization of individuals and businesses through effective education, legislation, regulation, law enforcement and prosecution.
The task force will consist of an executive board that will be responsible for policy, decision making, vision, and direction. The executive board will consist of political figures, public sector leaders, business leaders, law enforcement professionals, and prosecutors.
The task force will be broken down into 5 separate committees; each committee is responsible for an important portion of the mortgage fraud task force mission.
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Law Enforcement Committee – this committee is responsible for the detection, investigation, and apprehension and prosecution of the mortgage fraud subjects and enterprises.
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Legislative Committee – this committee is responsible for enhancing current laws, creating new laws and ordinances. All these efforts are in furtherance of the mortgage fraud task force mission.
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Regulatory Committee – this committee is responsible to enhance and enforce regulations on all parties involved in the mortgage transaction.
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Business Partnership Committee – this committee is responsible to create and transmit effective business practices to enhance cooperation with law enforcement and between different professions involved in the mortgage transaction. Businesses that have already committed to the task force include banks, title insurance companies, realtors, appraisers, and mortgage brokers.
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Education Committee – this committee is responsible to create public awareness through printed literature, newspaper articles, and television reports. The committee will be championed with the assistance of the elected officials and media representatives.
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