Consumer fraud - news and investigations | The Center for Public Integrity

Boiler rooms, foreclosure mills: The story of America’s mortgage industry

By Michael Hudson

October 7, 2010

The news about the nation’s foreclosure scandal has been coming fast and furious, driven by tales of backdated documents, false affidavits a

Excerpts from this story referencing "Mortgage":

"… e W-2 tax forms that exaggerated loan applicants’ earnings.At Ameriquest Mortgage, one of the companies I focus on in my new book about the subprime mortgag …"

"… hio Attorney General Richard Cordray sued Ally Financial Inc. and its GMAC Mortgage division, claiming that workers at the company had signed and filed false …"

The appraisal bubble

By Joe Eaton

April 14, 2009

In 2004, years before plummeting real estate values turned Fort Myers, Florida, into a top five foreclosure capital, appraiser Mike Tipton f

A peek into the art of mortgage duplicity

By Michael Hudson

October 21, 2010

In many of Ameriquest Mortgage’s far-flung sales branches, employees outfitted break rooms or spare cubicles with the tools they needed to c

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Where’s the HAMP loan data?

By Julie Vorman

October 27, 2010

The Treasury Department should stop dragging its feet and release some of the specific loan-level data it has collected from mortgage servic

More mortgage fraud reporting?

By Kat Aaron

July 16, 2009

Nonbank mortgage lenders would have to file reports of suspected fraud for the first time, under a new proposal issued Wednesday by the Fina

A good time to be a white-collar criminal?

By Nick Schwellenbach

December 18, 2008

The Securities and Exchange Commission has said that it failed to pursue a variety of allegations about Bernard Madoff’s alleged Ponzi schem

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FBI director: Mortgage fraud investigations continue to jump

By Nick Schwellenbach

March 25, 2009

In written testimony before Congress today, FBI Director Robert Mueller admitted that the growing numbers of mortgage fraud investigations “

Reporter Michael Hudson Talks Mortgage Fraud on KCBX

Michael discusses annual FBI mortgage fraud report

Mortgage industry whistleblower wins case against Bank of America

By Michael Hudson

September 14, 2011

Government awards mortgage whistleblower $930,000, job reinstatement

Countrywide protected fraudsters by silencing whistleblowers, say former employees

By Michael Hudson

September 22, 2011

Exclusive interview with a high-ranking Bank of America whistleblower reveals corruption that led to the financial collapse

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