The ongoing real-estate mess is a great example of how technology (bundling and securitization) can decentralize this kind of fraud and push the risk away from the people who are actually doing the scam. Posted by: paul at November 2, ...
The charges allege that, between February 2007 and April 2010, Babar, along with Russo, a Rhode Island-based mortgage broker; Gallagher, a West Haven-based real estate appraiser; Olmer, a former attorney who has not been licensed to ...