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Can this be true that Freddie and Fannie Execs on Trial.
How will real estate recover if we have so much alleged corruption in the real estate arena. With the housing bubble burst (SEC) has been allegedly investigating the Federal National Mortgage Association Fannie Mae and the Federal Home Loan Mortgage for 3 years now. Only time will tell what there findings will be against the 2 lending power houses . Will Freddie and Fannie Execs be held accountable for there actions, allegedly misleading investors about their agencies’ exposure to sub-prime mortgages. Let’s hope for the best and let Justus take it’s course if any. To find more information on the SEC / Securities and Exchange Commission visit http://www.sec.gov/