Home \ Newsroom \ Criminal Mortgage Probes Fizzle Out

Criminal Mortgage Probes Fizzle Out

Federal criminal investigations of IndyMac Bancorp and New Century Financial Corp. have stalled and could result in no charges being filed, said people familiar with the situation.

Separately, the U.S. Attorney's office in Seattle announced Friday it had closed its investigation of Washington Mutual Inc., another failed mortgage lender, with no criminal charges being brought

Read the full story at the Wall Street Journal


Share This Article: