My Client The FBI Best Sellers Rank : #3
- 3 years ago
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In 2006 the American and world economies teetered on the edge of collapse as investors traded near-worthless mortgage securities created by fraudulent lending practices. In the midst of this mayhem, a Kansas City real estate appraiser said enough was enough. When asked by a lender to appraise a house for twice its value, he called the FBI and set in motion a chain of events that both brought down a fraud ring, and led to a role in crafting regulations that help protect the industry today.His engaging and inspiring story has been described as "The Big Short from the bottom up."
In 2006 the American and world economies teetered on the edge of collapse as investors traded near-worthless mortgage securities created by fraudulent lending practices. In the midst of this mayhem, a Kansas City real estate appraiser said enough was enough. When asked by a lender to appraise a house for twice its value, he called the FBI and set in motion a chain of events that both brought down a fraud ring, and led to a role in crafting regulations that help protect the industry today.His engaging and inspiring story has been described as "The Big Short from the bottom up."