GSEs (Fannie/Freddie),FHA&HUD

FNMA Accused of Botching Up HAMP

Posted on Wednesday, August 11, 2010

Sen Bacchus has sent a letter to Rep. Barney Frank, urging the House Financial Services Committee to look into whether Fannie Mae executives improperly implemented HAMP in order to benefit from incentive payments offered by the Treasury Department for mortgage modifications.

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