Mother Jones has dropped an exclusive today and reports Fannie, Freddie Ditch Foreclosure King David J. Stern’s firm.
Here is an excerpt by Andy Kroll:
Not only have Fannie and Freddie suspended foreclosure referrals to Stern’s firm, the Wall Street Journal reported, but two major banks—Citigroup and GMAC—have also stopped sending cases to the firm, which is under investigation by the Florida attorney general Bill McCollum. “Pending the outcome of the AG’s investigation, Citi is not referring new matters to this firm,” read a company statement.
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