Mortgage financing giant Fannie Mae announces policy changes designed to encourage borrowers to "work with their servicers and pursue alternatives to foreclosure"...and threatens borrowers with new penalties for strategic default. [more inside]
posted by 2bucksplus
on Jul 1, 2010 -
The Fall of Fannie MaeThis is not your ordinary accounting fraud. Yes, there's the matter of $9 billion in overstated earnings. But the fight over Fannie is a nasty political showdown where everyone has his own agenda. And it's not over yet.
posted by trharlan
on Jan 25, 2005 -