It takes the average reader to read Fraud and the Subprime Mortgage Crisis by Tomson Hoang Nguyen
Assuming a reading speed of 250 words per minute. Learn more
Nguyen examines mortgage fraud as an inherent part of the subprime mortgage crisis. He traces the exponential growth of mortgage fraud to the loose underwriting standards, alternative loan products, and inadequate regulation and regulatory oversight of the subprime mortgage industry. He describes the various financial crimes constituting mortgage origination fraud, a form of fraud involving fraud for profit, fraud for property, and predatory lending. The accounts of mortgage frauds by industry insiders presented in this book provide a chilling view of the criminal implications of an unregulated financial industry. Nguyen proposes several broad recommendations highlighting the need to recognize the potential for insider fraud, enhance government regulation and oversight, tighten loan qualification requirements, and increase standards of underwriting.
Fraud and the Subprime Mortgage Crisis by Tomson Hoang Nguyen is 0 pages long, and a total of 0 words.
This makes it 0% the length of the average book. It also has 0% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes to read Fraud and the Subprime Mortgage Crisis aloud.
Fraud and the Subprime Mortgage Crisis is suitable for students ages 2 and up.
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