Posted on Sunday, May 24, 2009
What about an amnesty period until the end of this year for anyone - mortgage brokers, realtors, borrowers, anyone - who participated (knowingly or unknowingly) in mortgage fraud.
Coming clean voluntarily now could carry a pre-established fine schedule payable over time to help subsidize this mess.
Continue hiding in the shadows and, after then amnesty period, if you're found you may be subject to major fines and criminal penalties.
What do YOU think?