Amy Goodman
@DemocracyNow·3.2M subscribers·19.4K videos
As Wells Fargo is Accused of Fabricating Foreclosure Papers, Will Banks Keep Escaping Prosecution?
Posted
March 21, 2014
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10,156
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March 21, 2014
10,156
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15:44Now PlayingA new internal report says the Justice Department massively overstated its successes in targeting mortgage fraud while in fact ranking it as a low priority for investigation. The Justice Department's inspector general says despite playing a central role in the nation's financial crisis, mortgage fraud was deemed either a low priority or not a priority at all. This comes as a recently revealed internal Wells Fargo document appears to guide lawyers stepbystep on how to fabricate missing documents to foreclose on homeowners. Wells Fargo is the country's largest mortgage servicer and services some 9 million home loans.
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