Fannie Mae paid BofA premium to transfer soured loans: regulator
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.
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Caldas Da Rainha, Portugal
#1 Sep 18, 2012
Fannie Mae is corrupt. Fannie Mae is in league with Bank of America.
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