A Weird Fraud Case: Lender was Accused of Making Good Mortgages Look Bad
Los Angeles Times, June 3, 2016–Koren, James Rufus
In countless cases against banks and other lenders over the last few years, investors and federal regulators have made basically the same argument: that lenders committed fraud by hiding the flaws of risky mortgage loans and passing them off to investors and the government as safe, solid ones. But how about a case against a lender that did the opposite, taking good loans and making them look bad?
