Relevant:
- PwC Fights $5.6 Billion Fraud Trial Over Taylor Bean's Collapse
- Former TBW Loss Mit Employee Accused of $1.6 Million Fraud
- Judge to Fannie Mae's Attorneys: Federal Agency or Private Employer?
- Taylor Bean Ties to Freddie Mac Loom in $1.9 Billion Mortgage-Fraud Trial
- More Sanctioned Accounting Fraud At Fannie?
2011-06-30 — bloomberg.com
"Fannie Mae officials never reported the fraud to law enforcement or anyone outside the company. Internal memos, court papers, and public testimony show it sought only to rid itself of liabilities and cut ties with a mortgage firm selling loans "that had no value," as Smith, the former vice president of Fannie Mae's single family operations, said in a 2008 deposition."
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.
