Americans Believe Mortgage Fraud Wrecked Real Estate Market - More than three out of four Americans believe mortgage fraud wrecked the booming real estate market, according to a poll conducted by Housing Predictor.com, an information driven web site, which forecasts local housing markets in all 50 U.S. States. A nearly over-whelming majority of 76% of respondents said that loan fraud has had a negative effect on the markets.