Detailed text transcripts for TV channel - CNN - 20100427:15:59:00
Hasnt oversight stepped up over the past few years? >> and you thought people start passing out halos and all of a sudden people stop the fraud? no. it doesnt work that way, tony. its true, fraud often changes what w. the times, so its hard to completely get rid of it. the number rose 7% last year. thats better than the 26% jump we saw in 2000 but economists say this study is only the tip of the iceberg because fraud isnt usually detected until the loan goes bad. when things get bad thats when w...
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