08 November 2007
Fannie, Freddie loans under review by NY AG - Nov. 7, 2007
6 days ago, I noted Andrew Cuomo's investigation of collusion between banks and property assessors.
Now, he has expanded the investigation to include Fannie Mae and Freddie Mac.
I think that we are going to find that corruption was the rule, not the exception, in the real estate bubble, at all levels.
Now, he has expanded the investigation to include Fannie Mae and Freddie Mac.
I think that we are going to find that corruption was the rule, not the exception, in the real estate bubble, at all levels.
Labels:
Corruption
,
Housing Crash
,
Justice
,
Real Estate
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