Federal Prosecutors Accuse Loss Mitigation Services Of Defrauding HUD, Fannie Mae, and Freddie Mac The owners and co-founders of Loss Mitigation Services are accused of defrauding Fannie Mae, Freddie Mac, and HUD. Federal prosecutors allege the Massachusetts based short sale company defrauded government agencies on nearly 100 short sale transactions. Loss Mitigation Services negotiates with lenders […]
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 […]
Federal Judge In Rhode Island Rules Non-Judicial Fannie Mae Foreclosures Violate US Constitution MFI-Miami lawyers and lawyers in non-judicial foreclosure states have been arguing that non-judicial Fannie Mae foreclosures are unconstitutional. Up until this past August, we have had limited success. One of the roadblocks has been the question of Fannie Mae and Freddie Mac’s current […]
Fannie Mae CEO Timothy Mayopoulos Busted Having Tawdry Affair With TransUnion Chief Legal Officer Heather Russell Fannie Mae CEO Timothy Mayopoulos is once again in trouble for skirt chasing the beautiful women of the Washington D.C. He has received another rebuke from a government watchdog. Mayopoulos did not disclose his romantic relationship with current TransUnion Chief Legal Officer Heather Russell. […]
Fifth Circuit COA Ruled Government Regulator Federal Housing Finance Agency Is Unconstitutional The Court of Appeals for the Fifth Circuit ruled this week that the Federal Housing Finance Agency is not constitutionally structured. The Federal Housing Finance Agency or FHFA is the oversight for Fannie Mae and Freddie Mac. The government created the FHFA was in […]
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