The Fraud Enforcement and Recovery Act was adopted by Congress in 2009 to:

The Fraud Enforcement and Recovery Act, enacted in 2009, was specifically designed to address and enhance the government's ability to prosecute mortgage fraud. This legislation was crucial in the wake of the financial crisis, which revealed significant vulnerabilities in the real estate market and a surge in fraudulent activities associated with mortgages.

The act not only strengthened the tools available for law enforcement but also increased funding for the investigation and prosecution of financial fraud, particularly mortgage fraud. This focus on mortgage-related offenses was essential as many individuals were affected during this period, leading to extensive losses and contributing to the overall housing market crisis.

In contrast to other options, while issues such as identity theft, foreclosure scams, and regulatory measures like the Red Flags Rule are important, they were not the primary aim of this specific legislation. The intent of the Fraud Enforcement and Recovery Act was to directly tackle the complexities of mortgage fraud to ensure stricter accountability and legal repercussions for offenders in the wake of a nationwide crisis.