U.S. attorney indicts 26 for mortgage fraud (Reuters)

A sign points to a home for sale in a new subdivision in a file photo. The U.S. attorney for the Southern District in New York said on Tuesday he charged 26 individuals with taking part in 'a wide-ranging scheme to commit mortgage fraud' at companies that brokered loans with a total face value of at least $200 million. (Richard Clement/Reuters)Reuters - The U.S. attorney for the Southern District in New York said on Tuesday he charged 26 individuals with taking part in "a wide-ranging scheme to commit mortgage fraud" at companies that brokered loans with a total face value of at least $200 million.


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