Academic research, government inquiries, and press accounts show extensive mortgage fraud during the housing boom of the mid-2000s. We explore a particular type of mortgage fraud: the overstatement of income on mortgage applications. We define “income overstatement” in a zip code as the growth in income reported on home-purchase mortgage applications minus the average IRS-reported income growth...

Prof. Dr. Nazla Ahmed al-Jubouri (1956) is an Iraqi researcher and academic. She a professor of philosophy, mysticism comparative thought. holds Ph.D. from the Department Philosophy at College Arts University Baghdad in 1992. joined academic staff House Wisdom (chief researcher) member several advisory teams for period 1997-2013. has many books research published outside Iraq, taught universiti...