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Former Fannie Mae head must face trial over subprime mortgages

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Mortgage Professional America | 02 Mar 2016, 12:07 PM Agree 0
The former head of Fannie Mae will have to face a civil trial on SEC charges that he misled investors during the run-up to the housing meltdown
  • Shelly the realtor. | | 02 Mar 2016, 02:26 PM Agree 0
    Someone needs toake responsibility. This was CRIMINAL!
  • sbharkness | | 02 Mar 2016, 05:48 PM Agree 0
    I am AMAZED and actually happy that someone higher than just a Loan Officer is being held accountable. Now do something of substance and go after the Mega-bank CFO's like Steve Moynahan, and others. Show me they are not too big and powerful to jail. So far not one has been even brought up on charges.
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