Hundreds Swept Up in Mortgage Fraud Arrest

PlusHundreds Swept Up in Mortgage Fraud ArrestHundreds Swept Up in Mortgage Fraud ArrestThe Associated PressThe U.S. Justice Department says more than 400 real estate brokers have been arrested since March, including dozens over the last two days, in a crackdown on mortgage fraud that has contributed to America's housing crisis. (June 19)This video contains ONLY natural sound. No script is available.

Category:

News & Politics

Tags:

• mortgage
• fraud
• hundreds
• swept
• up
• arrest

[fivequotes]

Pretty good post.

[21boxhead]

most of us lost our jobs because of these fraudsters

[spectrum0590]

How many people who behind in mortgage scam already sent to justice considering it was already a while ago.

[spectrum2000now]

Government, People/Borrower, Mortgage lender, and Wall street has their own part of mistakes why mortgage crisis arise. Now that U.S are starting to recover from the past crisis, we should all learn from our mistakes.

[TheOut4justice]

People need to get with it. Its the wall street scammers that are responsible for this mess!

[pressurechanges]

Will do nothing real criminals dired them to sell new product they gave donations to congress and Clinton to create lood hole, end Glass Stegal. Crooks doing well employees little trouble. Regan started piggy bank housed encouraged private investment, Clinton kicked out the chair, Bush lowered standards. They all are part and should be in custody.

[krazymindreader]

I hope this sends a message to those who profit over other people's misfortune.

[rippinandrunnin]

About Freaking Time. This is a HUGE fraud perpetrated upon EVERYONE with a Mortgage. I hope it all comes out finally!

[dirtylos30]

yeah I totally agree. That's why I was saying that borrowers are to blame too.  I am not saying fraud is good, but borrowers committed fraud too, not just industry workers.

[HatRatt]

at least those borrowers should not get scott-off free! They too, had a hand in creating this mess............