Thursday, February 26, 2009

FBI Kills RUSH's "Blame the Borrower Meme"

Former Financial Regulator and White Collar Criminologist William K. Black writes: "The FBI has been warning of an "epidemic" of mortgage fraud since September 2004. It also reports that lenders initiated 80% of these frauds." That's just initiated. We know they approved 100% of them.

read more | digg story

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