How did fraud play a part in the financial collapse associated with mortgages?

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How did fraud play a part in the financial collapse associated with mortgages?

How did fraud play a part in the financial collapse associated with mortgages?Explain

 

Description

Select ONE of the following case study assignments to complete. After reading through the case answers the questions. Ensure you read the assignment completely and adhere to all the requirements.

Paper will be on

-2008 Mortgage Fraud scandal –

How did fraud play a part in the financial collapse associated with mortgages?

References are attached

Part 1 Core Assessment

2008 Mortgage Fraud scandal

You will also provide a list of the four resources you will use for your paper.

Sources

FBI. (2010 May 21). Mortgage Fraud Report 2008. FBI. https://www.fbi.gov/stats-services/publications/mortgage-fraud-2008#:~:text=SAR%20mortgage%20fraud%20filings%20fromto%2046%2C717%20filings%20in%20FY2007.

Appelbaum B. (2015 February 12). How Mortgage Fraud Made the Financial Crisis Worse. The New York Times. https://www.nytimes.com/2015/02/13/upshot/how-mortgage-fraud-made-the-financial-crisis-worse.html.

Dayen D. (2017 October 13). Special Investigation: How America’s Biggest Bank Paid Its Fine for the 2008 Mortgage Crisis-With Phony Mortgages! The Nation. https://www.thenation.com/article/archive/how-americas-biggest-bank-paid-its-fine-for-the-2008-mortgage-crisis-with-phony-mortgages/.

Freeman D. B. (n.d.). La Salle University Digital Commons: La Salle University Research. Site. https://digitalcommons.lasalle.edu/.