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How Mortgage Fraud Made the Financial Crisis Worse

© John Gress/Reuters A foreclosed home in Chicago in June. Mortgage fraud is less visible than other kinds of crime but is very costly. The financial crisis was caused in part by widespread fraud, which may seem like an obvious point. But it remains surprisingly controversial.

Short-sellers in limbo waiting for mortgage forgiveness tax relief

David Foster, who sold his condo in Chicago last month, isn't plugged in to Capitol Hill's political games. But he has banked the financial future of his family on Congress accomplishing at least one thing during the post-election session: renewing the expired Mortgage Forgiveness Debt Relief…