Inspector General Faults DOJ's Mortgage Fraud Efforts

, New York Law Journal

   | 1 Comments

The Justice Department's inspector general, in a report released Thursday, criticized agency efforts during and after the financial crisis to prosecute mortgage fraud, finding that such cases were a low priority despite public statements to the contrary.

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    I have over the years seen many instances of fraud throughout the mortgage process, from origination to foreclosure and rescue. I have never seen any Federal interest other than some dire warnings on the walls of the "341" meeting rooms in Bankruptcy Court.

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