New Docs: 173 Sweetheart Loan Deals for 42 Fannie and Freddie Execs - HUMAN EVENTS:
An investigation from Rep. Darrell Issa (R-Calif.), top Republican on the House Oversight and Government Reform Committee is uncovering the depth and breadth of the scandals at Fannie Mae and Freddie Mac at the very heart of America’s financial meltdown.
New documents released by Issa show 173 sweetheart deal loans from Countrywide Financial Corporation were given to 42 Fannie and Freddie employees as the company was negotiating exclusive agreement to sell Fannie Mae billions of dollars in questionable, sub-prime mortgages at a discounted rate."
Thursday, July 22, 2010
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