Sunday, September 25, 2011

Fannie Mae cited for failing to stop robo-signing

Here is a good article on how Fannie Mae did not do a good enough job in monitoring foreclosure proceedings from 2006-20011. Fraud is obviously an issue in this article. Anyway to make a quick buck seems to be the easy way out.

http://www.google.com/hostednews/ap/article/ALeqM5g0tibAqfBNQ-ek6fL4Muz7wu2-LQ?docId=8fcd00795e08439583b9804dd2c5da9d

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