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Real Estate & Property Law

: The Home Equity Theft Reporter

Feds Hit Wall Street Firms w/ Subpoenas Seeking Docs Related To Crappy Mortgage Securities Bought Buy Fannie, Freddie; Firms Seek To Force Buy-Back

By r morris

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The New York Times reports:The [Federal Housing Finance Agency] announced last Monday that it had issued 64 subpoenas to a throng of unidentified financial services institutions, seeking documents related to mortgage securities that Fannie and Freddie bought from Wall Street during the boom years.The subpoenas are designed to tell the agency what many of us want to know: How did Wall Street

Full post as published by The Home Equity Theft Reporter on July 19, 2010 (boomark / email).

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