Former Fannie Mae Employee

Former Fannie Mae Employee Found Guilty In REO Foreclosure Scam

Former Fannie Mae Employee Found Guilty Of Making Millions On Shady REO Foreclosure Sales Former Fannie Mae employee Shirene Hernandez is facing 40 years in prison. She was found guilty of accepting millions of dollars in bribes and kickbacks in exchange for selling Fannie Mae REO properties. Federal prosecutors charged Shirene Hernandez in January 2018 with […]

fannie mae employee

Fannie Mae Employee Indicted For Accepting Bribes

Former Fannie Mae Employee Charged With Accepting Bribes and Approving Below-Market Sale of Foreclosed Homes Former Fannie Mae employee Shirene Hernandez was arraigned on two counts of wire fraud. Hernandez pleaded not guilty. The judge made her post a $65,000 bond. The judge also ordered her to stand trial on March 20, 2018. The DOJ alleges the […]

FHFA Says Their Market Manipulation Scheme Is Working

Steve Dibert, MFI-Miami The online housing site, Housing Wire cited a report yesterday from FHFA indicating that housing values have increased by 1.4% for the fourth quarter of 2012 and up 5.5% from the fourth quarter of 2011. As anyone who does real estate investing can tell you, this is not a big surprise since for […]

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