U.S. authorities have charged 1,215 people in hundreds of mortgage fraud cases that resulted in estimated losses of $2.3 billion, top Obama administration officials said on Thursday, unveiling a crackdown after the housing market collapse.
Authorities reveal mortgage fraud crackdown, 485 arrestsCourtesy Digg - Business & Finance Sat, 06/19/2010 - 10:40
U.S. authorities have charged 1,215 people in hundreds of mortgage fraud cases that resulted in estimated losses of $2.3 billion, top Obama administration officials said on Thursday, unveiling a crackdown after the housing market collapse. Related itemsAntitrust Chief Hits Resistance in Crackdown
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