U.S. Pursues One of the Biggest Mortgage-Fraud Probes Since the Financial Crisis

U.S. Pursues One of the Biggest Mortgage-Fraud Probes Since the Financial Crisis At issue is whether income from apartment complexes was falsified to support larger loans–which often became part of mortgage securities. Owners of an apartment complex near Pittsburgh, who wanted to take out a mortgage on the buildings, allegedly made vacant units look occupied … Read more