Archive for the ‘Investigation Fbi’ tag
Operation Malicious Mortgage Yields 400 Arrests
Following the third major “sweep” of the mortgage
industry in four years, the U.S. Department of Justice (DOJ) and
the Federal Bureau of Investigation (FBI) announced on Thursday that it
had arrested over 400 real estate industry players since March, dozens of
them over the last two days, for incidences of mortgage fraud that have
contributed to the housing crisis.