Volume 2014 - Number 11
March 20, 2014
Congressional Democrats Hit DOJ Over Lack Of Prosecution of Fraudulent Mortgage Practices
Top Democrats on Capitol Hill are peeved that the Justice Department is not making the prosecution of mortgage lender and servicer abuses much of a priority, and they are pressing Attorney General Eric Holder for a meeting to discuss what to do about it. Their ire was raised by a recent report from the DOJ’s Inspector General that found, among other things, that the department had not prioritized the investigation of mortgage fraud and that it reported unreliable, inflated statistics about the scope of its prosecutorial efforts. In a letter to the DOJ, Reps. Elijah Cummings, D-MD, and Maxine Waters, D-CA, and Sen. Elizabeth Warren, D-MA, focused...
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