According to a government report, Fannie Mae knew in 2003 that law firms it hired to foreclose on homes were abusing their authority. That's seven years before knowledge about the problems became widespread. The Federal Housing Finance Agency inspector general released a report that leveled the allegations, also blaming the agency he works for, which is tasked to oversee government-controlled Fannie Mae and Freddie Mac.
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DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
3 comments:
Moeny talks. The middle class walks. Maybe voting will help. i hear there's a couple of guys who want to "change" things. I'm sure they can. And will.
Barney Frank looked the other way.
Obama wanted to "change" things too.
How's that workin' out for you?
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