Search
 

FBI Investigating More Mortgage Fraud Cases, Says Director Mueller

WASHINGTON -- The FBI is now actively investigating some 1,300 mortgage fraud cases, according to testimony given by FBI Director Robert Mueller before a Senate Appropriations panel last week.

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

WASHINGTON — The FBI is now actively investigating some 1,300 mortgage fraud cases, according to testimony given by FBI Director Robert Mueller before a Senate Appropriations panel last week. That number represented a “tremendous surge” in such cases and made it necessary for the agency to divert agents from other areas. More disturbingly, a larger number of those cases involve reverse mortgages. “That is something that we are seeing and may well need additional resources to address,” Mueller told the panel.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

 

Recommended Stories

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2022 ALM Global, LLC. All Rights Reserved.