Expect further investigation, crackdown on fraud violations

"Hennepin County Attorney Mike Freeman, Minnesota Department of Commerce Commissioner Mike Rothman and Barry McLaughlin of the U.S. Department of Housing and Urban Development's Inspector General's office will hold a news conference Wednesday to outline charges in a mortgage fraud scheme. According to Freeman's office, the case involves recent sales of foreclosed Twin Cities properties and tens of millions of dollars in federally-guaranteed mortgage loans."