The federal government had indicted countless people of being involved in mortgage fraud during the collapse of the housing market. Notwithstanding the fact that not a single person with decision making ability at any major bank has been charged what are the Feds focused on next? Bail out fraud. That’s right – plenty of people came up with illegal schemes of how to make money on bailing out people who were under water or being foreclosed upon. The indictments in these bailout schemes have been coming out for the past couple of years. Recently Sacramento saw one of the first … Continue reading Mortgage Bail Out Fraud