DOJ Advances Letitia James Mortgage Fraud Investigation

The U.S. Department of Justice is progressing with New York Attorney General Letitia James' mortgage fraud probe, according to Bloomberg.

Summary

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Terms & Concepts
  • Mortgage Fraud: The act of materially misrepresenting or omitting information on a mortgage loan application to obtain a loan or a larger loan than would have been granted otherwise.
  • DOJ: The United States Department of Justice, the federal executive department responsible for enforcing the law and defending the interests of the United States.
  • Attorney General: The chief legal officer of a state or country, responsible for representing the government in legal matters and overseeing law enforcement.