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2009-06-11 — sunherald.com
A New Orleans appeals court has upheld the convictions of three people in a mortgage fraud scheme in Mississippi.
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Comments:
ronin at 14:33 2009-06-12 said:
Little crooks get jail. Big crooks get ... bonuses! But, then again, how many crooks of any kind have been prosecuted after the FBI discovered that the mortgage business was shot through with fraud? Maybe the real fraud isn't liar loans, cooked appraisals, gamed AUS-es, flippers and X-Acto strippers. Maybe the real fraud is the claim that we have effective regulation. PermalinkAppraisal Police at 12:48 2009-06-13 said:
$938,767 ÷ $350/appraisal = 2,682± appraisals ÷ 300± appraisals per year = 9± years. Permalinkadd a comment | go to forum thread
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