Stories Related to Feds Charge 1,200 People In Mortgage Fraud Crackdown

In a nationwide effort, officials file criminal charges against individuals allegedly responsible for $2.3 billion in fraud. 'These schemes are despicable; they are dangerous to our economy,' Atty. Gen. Eric Holder says. Federal officials said Thursday they had filed criminal charges against more than 1,200 people allegedly responsible for $2.3 billion in mortgage fraud as part of a major nationwide crackdown of abuses stemming from the housing market collapse.

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