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FBI Ranked Mortgage Fraud As Lowest Criminal Threat After Crisis: Justice Department

March 13th, 2014 by [shareaholic app="share_buttons" id="27157108"]

By Around the Web By Aruna Viswanatha WASHINGTON, March 13 (Reuters) – The FBI ranked mortgage fraud as its lowest criminal threat after the height of the financial crisis, even though the U.S. Justice Department had said that investigating mortgage fraud was to be a priority, a report by a department watchdog said on Thursday. In addition, although federal investigators received significant additional funding from Congress to pursue mortgage fraud cases, the FBI did not always use the funds only for mortgage fraud, the report by the Department of Justice’s inspector general said. The FBI is part of the……(read more)

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