Banking & Securities Fraud Fannie Mae Foreclosure Fraud Mortgage Fraud Our Daily News Securities Fraud

Former Fannie Mae employee gets 6 years in prison for making $1 million on shady foreclosure sales – HousingWire

A former Fannie Mae employee will spend more than the next six years in prison after being found guilty of accepting more than a million dollars in bribes and kickbacks in exchange for selling Fannie Mae-owned foreclosures for less than market value. — Read on Advertisements

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Fannie-Freddie Profit Sweep Brings Dueling Appeals to High Court – Bloomberg

The U.S. Supreme Court could say as early as Friday whether it will intervene in a high-stakes fight over hundreds of billions of dollars in Fannie Mae and Freddie Mac profits that investors say the federal government has collected illegally. — Read on

Banking & Securities Fraud Fannie Mae Foreclosure Fraud Freddie Mac Investment Fraud Our Daily News

U.S. Seeks Supreme Court Review of Fannie-Freddie Profit Sweep

(Bloomberg) — The Trump administration asked the U.S. Supreme Court to toss out a lawsuit by Fannie Mae and Freddie Mac investors that challenged the federal government’s hoarding of nearly all the mortgage giant’s profits. — Read on

Fannie Mae Mortgage Fraud

Fraud Schemes and their Characteristics – Resources to Help You Combat Mortgage Fraud

Fannie Mae is committed to working with our industry partners to help combat fraud by providing this list of fraud schemes and their characteristics. Common characteristics accompany most fraud-for-profit schemes, and identifying them can be helpful in determining whether a loan is part of a larger fraud scheme. Inconsistencies in the loan file are often […]

Banking & Securities Fraud Consumer Fraud Fannie Mae Foreclosure Fraud Ginnie Mae Mortgage Fraud Our Daily News US Courts

US is set to best Saudi Arabia as the world’s leading oil exporter for the first time in 60 years

According to Rystad Energy, by the end of 2019, America will also best the middle eastern country in the exportation of other energy goods such as natural gas liquids and petroleum products — Read on