True Story of the Taylor Bean & Whittaker Bank Fraud and How it Brought Down Colonial Bank

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Uploaded by on Jul 18, 2011

The incredible story of how mortgage origination giant Taylor, Bean & Whittaker spent almost a decade defrauding Fannie Mae, Freddie Mac, Ginnie Mae, Colonial Bank, Bank of America and Deutsche Bank. Fake loans, real loan with fake documentation, and double- and triple-sold loans were the norm. Find out how they did it, and how it brought down Colonial Bank in the fallout.

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Education

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  • @Marlin10905 I'd LOVE to do something like that, but it would take a solid two years to dig out all the gory details. Eventually, I guess we'll find out. Someone will write a book, or there will be a made-for-tv movie, or something.

  • How about making a video on ALL lenders that have gone under and see what you find? This is NOT just TB&W.

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