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Fannie Mae promises to keep families in homes, but instead pressures banks to foreclose

Fannie Mae promises to keep families in homes, but instead pressures banks to foreclose


StopForeclosureFraud received a similar memo from Fannie to GMAC, but this one addressed to JPMorgan Chase [see below]

Feep.com

In early December, a senior executive at Fannie Mae assured members of the Senate Banking Committee in Washington that the mortgage giant was doing everything possible to address the foreclosure crisis.

“Preventing foreclosures is a top priority for Fannie Mae,” Terence Edwards, an executive vice president, told the panel. “Foreclosures hurt families and destabilize communities.”

[FREEP]

“Smoking Gun” letter sent anonymously to SFF.

[ipaper docId=62341295 access_key=key-1zzfc9ir38wa0blrtyg7 height=600 width=600 /]

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