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GSE Accounting Problems Threatens US Housing Market

Thursday, April 14th, 2005

Accounting problems at Fannie Mae, Freddie Mac and the Federal Home Loan Banks could threaten US Housing Markets, according to Rep. Michael Oxley (R-Ohio), chairman of the House Financial Services Committee. He urged his fellow lawmakers to back legislation overhauling the oversight of the giant mortgage lenders.
read more at accountingweb>

Posted in Law, Government | No Comments »

Mortgage Lender Fraud - Consumers Not the Only Victims

Wednesday, April 13th, 2005

The Mortgage Bankers Association has just announced the establishment of a website, as a one-stop resource for the mortgage industry to gather the information and tools they need to combat financial institution fraud.
read more at Mortgage News Daily>

Posted in Law | No Comments »

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