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332 Landslide

332 Landslide

June 19, 2008

Housing Developers, Estate Agents and Mortgage Brokers

FBI Holds 406 on Mortgage Fraud - BBC News

The FBI says it has arrested 406 property market players as part of a crackdown on alleged mortgage frauds worth an estimated $1bn (£500m).
The arrests include housing developers, estate agents and mortgage brokers. Some of cases involve the alleged use of false employment records or the inflation of property values.

Nice progress, but still no mention of the appraisers. Those inflated property values wouldn't have made it down the pipeline without their complicity.

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The Center for Public Integrity

The 380,000-plus-word database presented here allows, for the first time, the Iraq-related public pronouncements of top Bush administration officials to be tracked on a day-by-day basis against their private assessments and the actual “ground truth” as it is now known. Throughout the database, passages containing false statements by the top Bush administration officials are highlighted in yellow. The 935 false statements in the database may also be accessed by selecting the “False Statements” option from the “Subject” pull-down menu and may be displayed within selected date ranges using the selection tool below. Searches may also be limited by person or subject, or both, by using the appropriate selections from the pull-down menus.