Feds: Do-Nothing Fannie Mae Knew of Foreclosure Abuses in ’03
Mortgage officials at government-sponsored Fannie Mae knew eight years ago of possibly illegal foreclosures by law firms they employed—but did nothing to stop them, according to a federal report. Fannie Mae’s own investigation concluded that Florida attorneys were “routinely filing false pleadings and affidavits” to improperly foreclose on properties,…
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Feds: Do-Nothing Fannie Mae Knew of Foreclosure Abuses in ’03
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on October 4, 2011. Filed under News, World News.
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