FannieMae and Freddie Mac Executives – Possible Sanctions

Posted on March 21, 2011


The Securities and Exchange Commission is moving towards civil sanctions of Fannie Mae and Freddie Mac executives for allegedly misleading investors.

If that is true, then the rest of mortgage lending America better put their attorneys on retainer. Nothing was done by Fannie Mae or Freddie Mac that wasn’t also done by Bank of America, Wells Fargo or JP Morgan Chase.

See the full Washington Post article here.