2012-09-19theintelhub.com

The Federal Housing Finance Administration (FHFA) recently announced that "strategic defaulters", i.e. those homeowners who have abandoned their mortgage because they could not continue to make the monthly payments, will be jailed for this "crime".

The FHFA oversees Freddie and Fannie Mac, the mortgage corporation owned by the US government.

The FHFA are focusing their efforts on criminally persecuting all American citizens "who abuses the FHFA programs" by walking away from their foreclosure.


Lijit Search

Comments: Be the first to add a comment

add a comment | go to forum thread