Bookmark this site
The government, convinced that the fraud and foreclosure problem here is worse than expected, has formed a Mortgage Fraud Task Force to uncover civil and criminal wrongdoing among brokers, lenders and buyers.
“It’s a much larger problem than first forecast,” U.S. Attorney Kathleen M. Mehltretter said of mortgage foreclosures here.
The multiagency task force, led by the local U.S. attorney’s office, has been compared to the telemarketing task force that led to dozens of convictions in the 1990s.
Read more from Buffalo News
