Fannie Mae Ex-CEO Mudd May Face SEC Claims in Subprime Probe

Categorized | STOP FORECLOSURE FRAUD

Fannie Mae Ex-CEO Mudd May Face SEC Claims in Subprime Probe

Fannie Mae Ex-CEO Mudd May Face SEC Claims in Subprime Probe

Fortress Investment Group LLC (FIG) Chief Executive Officer Daniel Mudd received notice from U.S. regulators that he may face claims for misleading investors about Fannie Mae’s exposure to subprime loans when he ran the mortgage firm during the financial crisis.

Mudd, who was ousted when Fannie Mae and Freddie Mac were seized by regulators in September 2008, confirmed in a statement to Bloomberg News that he received the so-called Wells notice from the Securities and Exchange Commission today.

Continue reading… BLOOMBERG

© 2010-14 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.






Comments

comments

Related posts:

  1. Countrywide probe snares Fannie, Freddie execs By JAKE SHERMAN | 7/20/10 2:34 PM EDT Employees at...
  2. REUTERS | Freddie Mac exec facing possible SEC charges By Corbett B. Daly and Rachelle Younglai WASHINGTON |Thu Feb...
  3. Say Goodbye to Fannie and Freddie By WILLIAM POOLE Published: August 11, 2010 Elkton, Md. THE...
  4. ALLY TOLD FREDDIE AND FANNIE OF FAULTY FORECLOSURE AFFIDAVITS WEEKS AGO! This all makes sense now since the Obama administration was...
  5. Testimony of FANNIE MAE President & CEO Michael J. Williams “Analysis of the Post-Conservatorship Legal Expenses of Fannie Mae and Freddie Mac” Testimony of Michael J. Williams President and Chief Executive Officer...

This post was written by:

- who has written 6995 posts on FORECLOSURE FRAUD | by DinSFLA.

CONTROL FRAUD | ‘If you don’t look; you don’t find, Wherever you look; you will find’ -William Black

Contact the author

Leave a Reply

GARY DUBIN LAW OFFICES FORECLOSURE DEFENSE HAWAII and CALIFORNIA
Chip Parker, www.jaxlawcenter.com
RR Compliance Consulting Inc was established to provide training and support services to the Loss Mitigation Consulting Community.  There is a huge void in the market for this training since those who are truly practicing in the field have neither the time nor interest in providing this training.
Jamie Ranney, www.NantucketLaw.pro
Kenneth Eric Trent, www.ForeclosureDestroyer.com
LATEST TOP FORECLOSURE FRAUD CASES OPINIONS
Advertise your business on StopForeclosureFraud.com

Archives