Barney Frank, Alan Grayson, Corinne Brown Come Through With Sharply Worded Letter To FNMA

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9.24.10 BARNEY FRANK LETTER-Letter-to-Fannie-on-Foreclosure-Fraud[1]

VIDEO FEED FROM TAMPA TV

In a blunt, no nonsense letter to Fannie Mae three congressional representatives including Barney Frank who has enormous clout, a shot heard round the country was heard. It wasn’t just a letter of inquiry or even at the level of complaint. It was an accusation and a demand that FNMA comply with law and stop employing foreclosure mills who violate the law in the name of the former government sponsored entity which is now wholly owned by the U.S. Government. We can expect similar action from congress and other agencies as the fog starts to lift and public officials come to realize what the rest of us have known for three years — the whole foreclosure mess is a fraud, should never have begun and the resulting horrific consequences on people’s lives could have and should have been avoided.

Tags: Alan Grayson, Barney Frank, congress, Connie Brown, Fannie MAe, FNMA, foreclosure mills, ownership of the note
Posted in bubble, Corruption, Eviction, securities fraud |