PBS’ Frontline: Fraud Was . . . The F-Bomb”
Posted by Larry Doyle on January 22, 2013 7:29 PM |
I will be watching Frontline this evening on PBS as a documentary on fraud within the mortgage industry airs. This show, The Untouchables, will interview a number of mortgage due diligence underwriters.
What did they have to say? This 5-minute Frontline preview says a lot, including ….
“Fraud in the due diligence world, fraud was the F-word or the F-bomb,” said Tom Leonard. “You didn’t use that word,”
How do you spell “RACKET?”
For those who would like to view the entire 53-minute documentary, I welcome providing,
I have no business interest with any entity referenced in this commentary. The opinions expressed are my own. I am a proponent of real transparency within our markets so that investor confidence and investor protection can be achieved.