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• Hundreds Swept Up in Mortgage Fraud Arrests Washington Post - Jun 19 8:59 PMWASHINGTON -- More than 400 real estate industry players have been indicted since March _ including dozens over the last two days _ in a Justice Department crackdown on incidents of mortgage fraud nationwide that have contributed to the country's housing crisis.



• Mortgage fraud probe snares 406 suspects USA Today - Jun 19 6:51 PMMore than 400 mortgage fraud suspects allegedly linked to an estimated $1 billion in losses have been charged since March 1 as part of the Justice Department's mounting inquiry into the national home loan crisis, top federal officials said Thursday.



• US mortgage fraud probe nets 406, plus Bear Stearns two AFP via Yahoo! News - Jun 19 6:53 PM Two ex-Bear Stearns executives were indicted Thursday as officials unveiled charges against 406 people in a huge probe into fraud, which helped fuel the housing crisis and infect the global economy.



• Ex-Bear managers charged, crackdown on mortgage fraud Reuters via Yahoo! News - Jun 19 1:58 PM Two former Bear Stearns hedge fund managers were indicted on securities fraud charges and prosecutors said a separate mortgage fraud probe has led to charges against more than 400 people as the Bush administration cracked down on abuses that deepened the credit crisis.

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