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

© 2010-15 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



Comments

comments

This post was written by:

- who has written 7999 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
Kenneth Eric Trent, www.ForeclosureDestroyer.com
Advertise your business on StopForeclosureFraud.com

Archives

Please Support Me!

Recent Comments

All Of These Are Troll Comments