The Justice Department’s inspector general, in a report released Thursday, criticized agency efforts during and after the financial crisis to prosecute mortgage fraud, finding that such cases were a low priority despite public statements to the contrary.
DOJ’s mortgage fraud enforcement efforts were not “prioritized at a level commensurate with its public statements,” the 52-page audit report found. According to the report, the FBI “ranked mortgage fraud as the lowest ranked criminal threat in its lowest crime category.”
