An ABC story reported in September announced that the foreclosure crisis was fading fast. This is indeed the case when compared to the height of the feverish pace that banks were foreclosing on their troubled assets in 2008 and 2009.
The biggest scam that anyone knows about is the Bernie Madoff Ponzi scheme but that is only because we could put a face and name to it. Scams much larger have been perpetrated on us for longer periods of time
If you have ever wondered why no one went to jail during the banking crisis you are not alone…but you are wrong, hundreds of people went to jail. Loan officers that were told by their branch managers to generate more