CBS' "60 Minutes On Foreclosure Fraud
The Wall Street Journal's Deal Journal blog reports:
- “60 Minutes” [Sunday] night weighed in with a thoughtful segment on the mortgage mess involving faulty or fraudulent mortgage paperwork. (Deal Journal readers previously have dubbed this the “Fauxclosure Crisis.”)
- The news magazine program went in search of “Linda Green,” a woman in rural Georgia whose signature was on thousands on mortgage documents as a vice president of more than 20 banks — at the same time. Linda Green told “60 Minutes” she had never been a bank vice president, but was dubbed one by an alleged mortgage sweatshop because her name was short and easy to spell.
- (Other news outlets, including the Washington Post, previously have dug into the many people who claimed to be “Linda Green” on foreclosure affidavits.)
- Click HERE to watch the “60 Minutes” segment.
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