CONCORD, N.H. (AP) – Several state agencies are working with federal authorities to investigate mortgage fraud in New Hampshire.

The New Hampshire Mortgage Task Force was announced Thursday by U.S. Attorney Tom Colantuono and Attorney General Kelly Ayotte. Their offices are working with the FBI, the U.S. Secret Service and other federal agencies to respond to the housing market crisis caused by the rising rates of foreclosures.

The task force already is investigating cases of suspected mortgage fraud in New Hampshire. Officials say the group will focus primarily on large-scale institutional fraud, but it will consider allegations of any type of fraud related to the granting, marketing or servicing of home mortgages.

“A home to keep one’s family healthy and safe is a basic element of the American dream,” Ayotte said. “Those who use fraud or deception to deprive people in New Hampshire of their fair chance at fulfilling that dream deserve to be vigorously prosecuted.”

AP-ES-06-05-08 1841EDT


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