Federal agencies undertake largest mortgage fraud investigation since the Recession

Federal officials are in the middle of one of the largest investigations into mortgage fraud since the financial crisis. Investigators are looking into alleged fraud committed by a New York commercial investment company Morgan Management LLC, now named Grand Atlas Property Management. They are looking into whether or not income statements on its properties were falsified in order to secure larger loans, according to the Wall Street Journal. Some of those loans were wrapped up […]

Read Full Article >> https://therealdeal.com/2018/08/16/federal-agencies-undertake-largest-mortgage-fraud-investigation-since-the-recession/

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