RMBS Fraud Task Force Rapidly Takes Shape

It has only been three days since the Residential Mortgage-Backed Securities Working Group was made public, and the group has already started staffing and taking action.

The task force was unveiled this week in the president’s state of the union address.

So far, the Justice Department has dedicated 15 attorneys, investigators and analysts to the cause, and another 30 are expected to be assigned in the coming weeks. The Federal Bureau of Investigation has assigned 10 agents to the group.


This entry was posted in Uncategorized. Bookmark the permalink.

Comments are closed.