http://www.businessinsider.com/fbi-mortgage-fraud-2010-11?slop=1#slideshow-start
They say part 2 of a movie is never as good as the first, but in this case I do believe part 2 of the FBI mortgage fraud investigation with included in depth looks into the government collusion as well as the mortgage backed securities fraud will have people lining up at the door for a ticket to see the final outcome of the "END GAME" in all of it's tech-know covered glory.
The cast of villains will be the unprecedented event of "OUR" life times.
The FBI will be up for the nomination of Super Hero as the righteous defender of this country, against the enemies within, thus rightfully displacing the office of Homeland Security back to where it came from, right back up the ass of Corporate America and being realised for what it truly is, just another well to be drawn from by the Wall Street opportunists!!
Besides crushing owner's equity and hitting home prices nationwide, the housing bubble saw an unbelievable amount of mortgage related crime than ever seen before.
The FBI has been warning of a mortgage fraud uptick since 2004, and have outlined the various ways that fraud can be committed in a presentation (via Public Intelligence).
From former Wall Street executives, to the low level house flipper, the FBI has it out for all of the potential criminals in the subprime crisis.
While this presentation was made in November 2008, it provides a look into the FBI's thinking in terms of the mortgage fraud issue and was somewhat prescient in the days before subprime became national nomenclature.
