Feds Arrest Bear Managers, Mortgage Fraud Targets…

(From Forbes.com….)
One year since the collapse of two Bear Stearns hedge funds signaled the beginning of the credit crisis, law enforcement officials came out swinging Thursday to hold people accountable.
The managers of those Bear Stearns funds were indicted on multiple charges of fraud, conspiracy and, in the case of one, insider trading.
At about the time [...]

Mortgage Fraud Case Studies

Case studies               
In the past few years, regulators have filed hundreds of cases against mortgage brokers, appraisers and straw buyers. Although the details of each case are unique, they often share similar characteristics:
• Eye-popping price appreciation. How hot were real estate values in Texas in the winter of 2003? So hot that Carlos Paul Gonzalez [...]