Fannie Mae paid BofA premium to trans...

Fannie Mae paid BofA premium to transfer soured loans: regulator

There are 1 comment on the Reuters story from Sep 17, 2012, titled Fannie Mae paid BofA premium to transfer soured loans: regulator. In it, Reuters reports that:

Fannie Mae agreed to pay Bank of America Corp about 20 percent more than it was contractually obligated to last year in order to transfer the servicing of troubled loans to another firm, a report by a watchdog found.

Join the discussion below, or Read more at Reuters.

Jesse

Cova Da Piedade, Portugal

#1 Sep 18, 2012
Fannie Mae is corrupt. Fannie Mae is in league with Bank of America.

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