FANNIE, FREDDIE SUBPOENAED BY CALIFORNIA AG FOR INVESTIGATION INTO MORTGAGE ABUSES
Yesterday Alejandro Lazo and Jim Puzzanghera of the Los Angeles Times reported that California Attorney General Kamala Harris has subpoenaed government sponsored entities (GSEs) Fannie Mae and Freddie Mac as part of an investigation in mortgage origination, securitization, and foreclosure practices.
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Thursday, November 17, 2011
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