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Find a recent case on mortgage fraud (published within the last three years) and answer the following questions:
What is the background of the case, and how has the history of the mortgage industry led up to the current situation of the organization(s) you are researching? How did the mortgage fraud essentially operate? What were the actions of the participants that made it fraud? What inherent weaknesses were present in the process to allow the fraud to take place? What internal controls would have prevented the fraud? What were some of the red flags that allowed for the detection of the fraud?
What is the background of the case, and how has the history of the mortgage industry led up to the current situation of the organization(s) you are researching?
How did the mortgage fraud essentially operate? What were the actions of the participants that made it fraud?
What inherent weaknesses were present in the process to allow the fraud to take place? What internal controls would have prevented the fraud?
What were some of the red flags that allowed for the detection of the fraud?
Please cite using APA format with links to sources.

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