Law Homework Help

After reviewing the information on mortgage fraud, explain “inflate and crash” as documented in the textbook (White-Collar Crime: The Essential by Brian K. Payne). 

• What are the long-term consequences on the housing market and victims of this crime?
• Cite one real-life example. 

Resources:

• Textbook (White-Collar Crime: The Essential by Brian K. Payne
• CBS Evening News Investigates Countrywide VIP Program (Links to an external site.)