The government's finally sending people to jail for mortgage fraud, just not who you'd expect. Charlie Engle's behind bars not for selling bad mortgages, but for borrowing - allegedly lying on a pair of liar loans. It took months of probing and a flirtatious undercover agent to put away a single borrower, Joe Nocera writes in a good read, while Countrywide's Angelo Mozilo is still at large.
The government's finally sending people to jail for mortgage fraud, just not who you'd expect....
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