Did you hear about Fannie Mae Kick Backs? Maybe old news for some.

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Mortgage and Lending with Roxy Redenbaugh (Acceptance Capital Mortgage Corporation)

"Do you ever hear about Freddie or Fannie doing anything illegal with regard to foreclosures?" Wow - that question is way above my pay grade! And I am no judge, jury, or attorney. It did remind me, however, of a story a couple months ago in the L.A. Times about kickbacks: http://articles.latimes.com/2013/may/27/business/la-fi-fannie-mae-kickbacks-20130525. For any other information, you'll have to sniff around yourself.

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  1. Pamela Seley 08/05/2013 09:13 AM
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Posts to Localism
The Optimist
"Whacked"!!!
Tags:
fannie mae
illegal kickbacks
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Rainmaker
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Pamela Seley
West Coast Realty Division - Murrieta, CA
Residential Real Estate Agent serving SW RivCo CA

Excellent article. Thanks for the reminder about Fannie Mae takes kickbacks. I heard about this practice a long time ago that banks and others like Fannie Mae take kick backs from brokers/agents to get foreclosure listings. Anyone who participates in that should be sent to jail. JMHO Have a great week,

Aug 05, 2013 09:10 AM #1
Rainmaker
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Roxy Redenbaugh
Roxy Redenbaugh (Acceptance Capital Mortgage Corporation) - Waialua, HI
NMLS#269926

I agree Pamela, thx

Aug 05, 2013 09:35 AM #2
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Rainmaker
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Roxy Redenbaugh

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