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View Full Version : How Mortgage Fraud Made the Financial Crisis Worse - New York Times



FraudNews
02-12-2015, 07:40 PM
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New York Times (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNFItGcTk8_F8vDyf5yPgwSPFN6I0A&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=pQ_dVJCkDsOcwQGKzYD4BQ&url=http://www.nytimes.com/2015/02/13/upshot/how-mortgage-fraud-made-the-financial-crisis-worse.html)


How Mortgage Fraud Made the Financial Crisis Worse (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNFItGcTk8_F8vDyf5yPgwSPFN6I0A&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=pQ_dVJCkDsOcwQGKzYD4BQ&url=http://www.nytimes.com/2015/02/13/upshot/how-mortgage-fraud-made-the-financial-crisis-worse.html)
New York Times
The study is particularly noteworthy because in a study published this year, three economists argued the pattern was a result of gentrification rather than fraud. “Home buyers had increasingly higher income than the average residents in an area,” wrote ...

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