Items Tagged with 'FBI'
Feds gearing up for prosecutions before time runs out?
May 2, 2014
The clock is ticking and chatter among industry sources and sources in Washington says the Department of Justice – under some pressure from other law enforcement – may be finally ramping up criminal prosecutions for individual senior bankers for their role in peddling toxic and subprime mortgage-backed securities.Read More
Inspector General publicly shames law enforcement
March 13, 2014
Little proof that high-level mortgage fraud prosecution was a priority for DOJ or the FBI, despite claims.Read More
Here's a hint: Chicago, NYC are not on the list
January 17, 2014
Real estate agents may not be police officers or soldiers, but they still put themselves at risk when showing homes. So which cities pose the biggest threat to real estate agents? The city topping the list may surprise you.Read More
Corrupt dealings alleged in North Carolina property deals
January 10, 2014
Another alleged mortgage scam is broken up. This one ended up costing big banks, such as Bank of America and SunTrust, millions of dollars, with the grand tally coming to $49.6M in fraudulent loans.Read More
Analysts expect 25% decline in suspected mortgage fraud in 2012
August 20, 2013
The government continues its ongoing battle against mortgage fraud, even as it finds itself retrenching from a report that inflated certain mortgage fraud statistics.Read More