Thursday, September 16, 2010

FBI crackdown on fraudulent mortgages


Sep. 14, 2010
When the Federal Bureau of Investigation began Operation Stolen Dreams in March 2010, the government’s largest mortgage fraud takedown, the FBI estimated about $2.3 billion of fraudulent mortgages were originated in 2009. However, recent estimates from a source monitoring the operation indicates that number is now closer to $14 billion.

Whole story available at the above link

No comments: