Mortgage Fraud
There are laws in place that hold credit card companies responsible for this type of fraud, why not for mortgage companies? One of the lines in the article that really scares me is that it is possible for you to not be able to get confidential closing information about a mortgage since you are not the person who opened it, but you are able to be sued by the company since it was taken out in your name.
Once credit card companies became liable for misdirecting credit card funds, they very quickly put systems in place to detect fraudulent transactions. This is something that Bruce Schneier has been bringing up again and again, and it pretty much covers all forms of identity theft.