1 minute readCNN is reporting this morning that an investigation by the FBI and Justice Department has netted arrests of more than 300 alleged perps tied to various mortgage fraud rings across the country, totaling more than $1 billion in the aggregate. Citing an unnamed government source, CNN said most of the arrests were made yesterday in Miami, Houston, San Antonio, Baltimore, Chicago and other cities. Deputy Attorney General Mark R. Filip and FBI Director Robert S. Mueller will participate in a press conference scheduled for later today that is expected to announce details of the fraud bust; HW will cover the news when it becomes available.
Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio
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HousingWire on Tuesday announced the launch of the HousingWire Mortgage Rankings, a new performance intelligence product designed to provide a clear, data-driven view of mortgage origination activity across the U.S. The rankings benchmark mortgage originators based on observed production, offering a standardized view of performance across geographies, loan types and channels. Historically, the mortgage industry has lacked […]
Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio
