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United States · Bill · S

S. 3547 (110th)

Nationwide Mortgage Fraud Coordinator Act of 2008

referredUnited States· United States Congress· EN

Introduced

23 September 2008

Last action

23 September 2008 · Introduced

Status

Read twice and referred to the Committee on the Judiciary.

Sponsors

Sen. Nelson, Bill [D-FL], Sen. Martinez, Mel [R-FL], Sen. Leahy, Patrick J. [D-VT]

Subjects

Discovery layer

Source updated

10 August 2026

Summary

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 23 September 2008

    Introduced

    Read twice and referred to the Committee on the Judiciary.

    Source: IntroReferral

  2. 23 September 2008

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 23 September 2008

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 23 September 2008

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 23 September 2008

    Open at official source

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Sponsors

Related records

Sources

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