Page 17 - Fraud Task Force News Today

Discussion about the role of government in the mortgage financial. that is not the economy or housing market were talking about. massive market failure, lots of people who will lose their home if we dont engage in interventions, the more aggressive the better under this regard. >> do you have high hopes for this financial crimes, this fraud task force that the justice department is now heading up? president mentioned it in the state of the union, a very high profile place to launch something lik...

Having with this is he is just not understanding the extent of what really brought this economy to where it was in 2009 as you note earlier, its getting better. that was a bubble in the housing market that just imploded, inflated by the financial mess we were talking about. if these were perfectly normal times, if there wasnt an overhang of housing and all the foreclosures, some of which we have discussed could be fraudulent, if it wasnt, if were not looking at all the unemployment and risk aver...

Latest updates on this topic.