Fraud and the Subprime Mortgage Crisis
eBook - PDF

Fraud and the Subprime Mortgage Crisis

  1. English
  2. PDF
  3. Available on iOS & Android
eBook - PDF

Fraud and the Subprime Mortgage Crisis

About this book

Nguyen examines mortgage fraud as an inherent part of the subprime mortgage crisis. He traces the exponential growth of mortgage fraud to the loose underwriting standards, alternative loan products, and inadequate regulation and regulatory oversight of the subprime mortgage industry. He describes the various financial crimes constituting mortgage origination fraud, a form of fraud involving fraud for profit, fraud for property, and predatory lending. The accounts of mortgage frauds by industry insiders presented in this book provide a chilling view of the criminal implications of an unregulated financial industry. Nguyen proposes several broad recommendations highlighting the need to recognize the potential for insider fraud, enhance government regulation and oversight, tighten loan qualification requirements, and increase standards of underwriting.

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Yes, you can access Fraud and the Subprime Mortgage Crisis by Tomson H. Nguyen in PDF and/or ePUB format, as well as other popular books in Social Sciences & Criminology. We have over one million books available in our catalogue for you to explore.

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