From the Web - Bay Center, Washington
Mortgage Fraud Cases Surge, Convictions Rise, FBI Reports: Washington Post (05/23/08) P. D8; Gordon, Marcy Federal agents took on 1204 mortgage fraud cases in the 2007 fiscal year that ended on Sept. 30, winning 206 convictions and recovering close to $22 million, according to a new FBI report. ... Fannie Mae CEO: Home prices will keep falling: WASHINGTON (AP) -- Fannie Mae's CEO told shareholders Tuesday that the housing market is "about halfway through" its crisis and home prices could fall as much as 25% before the worst is over. The largest US buyer and guarantor of home ...