Here is what you get from a Bush run government: The FBI was aware for years of “pervasive and growing” fraud in the mortgage industry that eventually contributed to America’s financial meltdown, but did not take definitive action to stop it. “It is clear that we had good intelligence on the mortgage-fraud schemes, the corrupt […]
Looks like the webmasters over at the GOP need to do some work: Rebuilding Homeownership Homeownership remains key to creating an opportunity society. We support timely and carefully targeted aid to those hurt by the housing crisis so that affected individuals can have a chance to trade a burdensome mortgage for a manageable loan that […]
Why didn’t they start this years ago, before the collapse? The Federal Bureau of Investigation has opened criminal inquiries into 14 companies as part of a wide-ranging investigation of the troubled mortgage industry, F.B.I. officials said Tuesday. The F.B.I. said it was looking into possible accounting fraud, insider trading or other violations in connection with […]