FBI investigating mortgage frauds

According to news reports FBI is investigating Fannie Mae, Freddi Mac, Lehman Brothers and American International Group (AIG) and their senior executive for possible mortgage frauds . FBI has not provided any specific information but said that the inquiries relate to a broader probe. It is investigating if anyone from these companies, including the senior executives provided misinformation.

It is said that FBI is investigating at least 26 fraud cases relating to the collapse of mortgage lending industry in US.

According to news reports FBI is investigating Fannie Mae, Freddi Mac, Lehman Brothers and American International Group (AIG) and their senior executive for possible mortgage frauds . FBI has not provided any specific information but said that the inquiries relate to a broader probe. It is investigating if anyone from these companies, including the senior executives provided misinformation.

It is said that FBI is investigating at least 26 fraud cases relating to the collapse of mortgage lending industry in US.

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