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Tag Archives: Mortgage fraud
It Had to be the CRA
The 60 Minutes broadcast on Sunday had a segment that pointed to the lack of prosecution of bankers who quite obviously broke the law and almost brought down the entire world financial system. Both Citi and Countrywide were featured. 60 … Continue reading
Thievery in the Mortgage Business
A “Sixty Minutes” piece on World Bank, which is very telling as to how we have gotten into this mess. Funny thing is that I do not hear anyone in this piece talking about the Community Reinvestment Act. What I … Continue reading
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