Task Force Begins Probe of Flawed Mortgage Servicing Practices
November 1, 2010
A federal anti-fraud task force is investigating “robo-signing” claims and other reported irregularities in foreclosure practices at a number of large financial institutions with significant mortgage servicing operations. The Financial Fraud Enforcement Task Force, led by the Department of Justice and with the participation of...
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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