Subprime and Fraud Come Together in Mortgage Scam

The global economic crisis set off by our mortgage meltdown has been attributed alternatively to sum-prime lending and fraud and con men and speculators.
The City of Baltimore’s suit against Wells Fargo shows they can come together!
The story by Edward Ericson on July 15 highlights some of each issue as subprime mortgages and scams came together.

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