LOS ANGELES -- A real estate fraud unit has been established in the Los Angeles County District Attorney's office.

Gil Garcetti, the district attorney, said the .unit had been staffed with three deputy district attorneys and three investigators. Mortgage insurers and the Federal Home Loan Mortgage Corp. (Freddie Mac) have provided $500,000 in grants.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.