Democrats want Holder to discuss issues with mortgage-fraud prosecutions
By Josh Hicks, WashPost, Updated: March 18 at 6:00 am
Three House and Senate Democrats on Monday requested a meeting with Attorney General Eric Holder to discuss a federal audit that said the Justice Department has exaggerated its prosecution of mortgage fraud and made the crime a low priority.
Sen. Elizabeth Warren (D-Md.) and Reps. Elijah Cummings (D-Md.) and Maxine Waters (D-Calif.) expressed concern about the findings in a letter to Holder on Monday, but the they have not called for a congressional hearing to question him publicly.
The Justice Department’s inspector general released a report last week that said the agency “did not uniformly ensure that mortgage fraud was prioritized at a level commensurate with DOJ’s public statements about the importance of pursuing financial fraud cases in general and mortgage fraud cases in particular.”
Auditors also determined that the number of agents investigating mortgage fraud and the amount of pending cases declined in 2011 despite Congress providing the FBI with $196 million to investigate the crime between 2009 and 2011.
(More here.)
Three House and Senate Democrats on Monday requested a meeting with Attorney General Eric Holder to discuss a federal audit that said the Justice Department has exaggerated its prosecution of mortgage fraud and made the crime a low priority.
Sen. Elizabeth Warren (D-Md.) and Reps. Elijah Cummings (D-Md.) and Maxine Waters (D-Calif.) expressed concern about the findings in a letter to Holder on Monday, but the they have not called for a congressional hearing to question him publicly.
The Justice Department’s inspector general released a report last week that said the agency “did not uniformly ensure that mortgage fraud was prioritized at a level commensurate with DOJ’s public statements about the importance of pursuing financial fraud cases in general and mortgage fraud cases in particular.”
Auditors also determined that the number of agents investigating mortgage fraud and the amount of pending cases declined in 2011 despite Congress providing the FBI with $196 million to investigate the crime between 2009 and 2011.
(More here.)
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