Fannie Mae Chickens Out of Phone Conference with Hawaii's Homeowners

... one of McLean's and Nocera's sources compared Fannie Mae to Tammany Hall, which, in case its been a few years since you took American History 101, was the poster child for graft and political corruption in the mid-19th century and into the 20th century, most infamously under the leadership of William M. "Boss" Tweed...

... while I was meeting at the Capitol last Tuesday, I learned from one of the staffers that there was to be a conference call on Thursday of this past week with Fannie Mae and representatives from FACE, along with staffers from Rep. Herkes and Sen. Baker's offices... and I suggested that they ask very directly what had driven their decision to only use the state's judicial foreclosure process and not to participate in the non-judicial process's new mediation program... a contact I have at the Capitol said she would call me and let me know how the call went, but when she called me today... she told me that the call never went. Apparently, Fannie Mae backed out at the last minute.