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Loan Modification
: Mortgage Lender Implode-o-Meter10 charged in mortgage fraud stemming from posh neighborhoods
By Implode-Explode Heavy Industries
"Starting on March 1, to date "Operation Stolen Dreams" has involved 1,215 criminal defendants nationwide, including 485 arrests, who are allegedly responsible for more than $2.3 billion in losses. Additionally, to date the operation has resulted in 191 civil enforcement actions which have resulted in the recovery of more than $147 million.
The indictment was returned by the federal grand jury sitting in Charlotte on Tuesday, but sealed until the arrests."
Full post as published by Mortgage Lender Implode-o-Meter on June 17, 2010 (boomark / email).
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