WASHINGTON, DC— In this week’s address, President Obama said that the housing market is starting to heal, and now it’s time to build on that progress by creating a better bargain for responsible, middle class homeowners. The President announced steps he will take to strengthen the housing market, and now Congress must act to help make homeownership a source of pride and middle class security for generations to come.
Showing posts with label Freddie Mac. Show all posts
Showing posts with label Freddie Mac. Show all posts
Saturday, August 10, 2013
Wednesday, September 24, 2008
FBI Opens Financial Fraud Investigations
Think Progress
The FBI has opened investigations into Fannie Mae, Freddie Mac, Lehman Brothers, and AIG, looking into whether “fraud helped cause some of the troubles” at these financial institutions. According to the FBI, these probes “are part of an effort to pursue allegations of higher-level fraud more sweeping than the retail-level infractions that have been at the center of most cases brought so far.”
The FBI has opened investigations into Fannie Mae, Freddie Mac, Lehman Brothers, and AIG, looking into whether “fraud helped cause some of the troubles” at these financial institutions. According to the FBI, these probes “are part of an effort to pursue allegations of higher-level fraud more sweeping than the retail-level infractions that have been at the center of most cases brought so far.”
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