My mom does mortgages and my dad investigates fraud for the NY banking department, so this topic is always brought up in my house. This situation is never good for the people that were scammed or the banks, but most importantly the people that were scammed! A set of confidential federal audits accuse the nation’s five largest mortgage companies of defrauding taxpayers in their handling of foreclosures on homes purchased with government-backed loans, four officials briefed on the findings told Huffington Post. @Ash_Bankz