Fraudulent mortgages.
Fraudulent The description of a willful act commenced with the Specific Intent to deceive or cheat, in order to cause some financial detriment to another and to engender personal financial gain. Mortgages: Countrywide Financial Countrywide Financial Corporation (NYSE: CFC) is a diversified financial marketing and service holding company engaged primarily in residential mortgage banking and related businesses. Corp. sued organizers : Top - 0–9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
A
- Jane Addams
- Saul Alinsky
- Susan B. Anthony
B
- Ella Baker
- Alexander Berkman
- Paul Boden
- Harry Bridges
C
of an investment group that allegedly duped people into taking out mortgage loans. Federal and state authorities are investigating the alleged fraud, which involves about 100 people in the Martinsville, Va. area. Representatives of the borrowers say the alleged mortgage fraud may be the largest ever, involving about $80 million worth of fraudulent loans with many of the loans currently in default. Mortgage fraud losses more than doubled last year to $1 billion, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.
2. In keeping with: according to instructions.
3. the FBI.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
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