The Federal Bureau of Investigation today announced that they are launching an investigation into the now-defunct IndyMac Bancorp and Countrywide, both failed mortgage banks. They FBI said that it will be investigating possible fraud in the issuance of risky mortgage products.
The FBI is presently investigating 21 companies that are associated with the present mortgage crisis.
Note: Due to the recent decision by the Associated Press to charge for the content by the word, and not allow content to be excerpted and linked on websites, we cannot provide you with any of the content. We can, and will, supply you with the link.
more
Read More: Yahoo
More from CNN