Bipartisan legislation intended to strengthen the government's role in mortgage fraud prosecution is receiving rave reviews from the Senate.
U.S. Senator Olympia J. Snowe (R-Maine) reportedly said the passage of the Act was long overdue and will now allow the FBI and Justice Department the ability to properly investigate and prosecute mortgage and securities fraud.
Snowe is a senior member of the Senate Finance Committee and a cosponsor of the bill.
