Find a recent case on mortgage fraud (published within the last three years) and answer the following questions:

The case I have chosen is the most recent in the news for Paul Manafort. I have the background of his fraud and what he did but need some help with the rest. Thanks in advance.

• What is the background of the case, and how has the history of the mortgage industry led up to the current situation of the organization(s) you are researching?
• How did the mortgage fraud essentially operate? What were the actions of the participants that made it fraud?
• What inherent weaknesses were present in the process to allow the fraud to take place? What internal controls would have prevented the fraud?
• What were some of the red flags that allowed for the detection of the fraud?