Friday, May 06, 2011

How A Charlotte Stripper Got Credit Suisse To Admit To Mortgage Fraud And That "Someone Should Go To Jail For This"

Whoa! Interesting story. From Thursday's subpoena of Credit Suisse over mortgages,  in a series of emails, see below, a Charlotte stripper who had a Stated Income Loan with Credit Suisse, and when the Swiss bank decided to start backing into her actual income, which goalseeked to $12,000 a month , which apparently raised some internal flags, and demanded that the loan be investigated, and how the broker claimed that the stripper had never formally disclosed income is credible and her loan should remain Stated. The last email in the thread said "Someone needs to go to jail on this one." Read from bottom to the top. Hat tip to Zerohedge website:














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