FBI Mortgage Fraud Crackdown

YouTube 06/19/2008 05:31 PM
FBI Mortgage Fraud Crackdown - USA - crime - Mortgage - fraud - FBI


More than 400 real estate industry players have been indicted since March - including dozens over the last two days - in a Justice Department crackdown on incidents of mortgage fraud nationwide.



 
CBS News: Bob Orr reports.
 
 
 
AP Raw Video: Ex-Bear Stearns Execs Surrender
 
 
Two former Bear Stearns managers were arrested Thursday on charges linked to
the collapse of a hedge fund that bet heavily on subprime mortgages before the market collapsed.
 
 


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