US Bank Complaints

US Bank home loan mortgage complaints and information about Freddie Mac and Fannie Mae

"Richard and Jerry were enamored at how fast the Bank could make money funding sub-prime real estate loans and selling them off to Fannie-Mae and Freddie Mac....Loan Broker's would lie, cheat, steal, and set up dishonest appraisers that would value a chicken house at $150,000. if that was the Number the broker needed to make the deal fly" USB Message Board

Complaints and information:

Fannie Mae and Freddie Mac.... Both can be seen channeling money into these divisive groups with motivations far left-of-center....Included in the recipients of grants from Freddie Mac are the Center For Policy Alternatives and the Alliance For Justice. The Center for Policy Alternatives claims to seek “progressive solutions built on American values.” According to their “2004 Progressive Agenda,” these solutions include: same-sex marriage, the abolition of the death penalty abolishment, preventing school choice, medicinal marijuana legalization and reformation of the sentencing of felons Front Page Magazine

Equal Opportunity Agency Finds Freddie Mac Biased, Retaliatory on Blacks HighBeam

Freddie Mac and Fannie Mae Under Fire Inman Reports

Report on Fannie Mae and Freddie Mac enjoy huge subsidies from the federal government, but those benefits translate into only a tiny drop in the mortgage rates paid by home buyers MSNBC

West Virginia Investment Management Board and a Teamster fund filed a lawsuit against U.S. housing financier Freddie Mac in New York federal court accusing the company of misleading investors Money Files

National Freddie Mac Internet Mortgage Scam Exposed - Consumers need to know that they may be dealing with companies who are unlicensed and are not authorized to act as a mortgage lender or mortgage broker Real Estate Informant

Fannie Mae and Freddie Mac that the two mortgage giants would want to stay away from anything which smacks of controversy. Instead, they have each decided not to buy mortgages which contain mandatory arbitration clauses...Consumers are potentially losing important leverage Realty Times

Allegations that Freddie Mac and Fannie Mae failed to cooperate in congressional inquiry San Diego.Com

Class Action complaints alleges Freddie Mac violated federal securities laws by issuing a series of materially false and misleading statements to the market throughout the class period which statements had the effect of artificially inflating the market price of the company's securities Securities Class Action Clearinghouse

Ohio Attorney General sues Fannie Mae Alta.Org

Fannie Mae Sued For Alleged Discrimination Against Minority Borrowers Realty Times

A former Fannie Mae accounting manager accused the mortgage-finance giant of cooking its books and of retaliating against him for complaining about it USA Today

Raines and Howard were accused of fraud, cooking the books to make Fannie Mae's required capital look nine BILLION dollars higher than it really was. So these two lost their jobs. But they are not leaving without getting a little something Raines will receive 19 million dollars in cash and stock, plus a lifetime pension of more than $100,000 per MONTH, with Howard getting just a little less Spark: Rewarding the biggest crooks

Fannie Mae's bailout tab- Fannie Mae, the government-sponsored mortgage association, has been battling a mounting scandal since last year. It has accounting errors of about $11 billion. That's more than nineteenfold Enron's $567 million error Washington Times

Freddie Mac scandal deepens The Banker

The Truth About Fannie - The real scandal at Fannie Mae Slate

Fannie Mae Scandal Topples Two Execs - CEO Raines and CFO Howard were forced out Tuesday night by the mortgage finance corporation’s Board of Directors. KPMG, the firm that approved the company’s accounting was also fired MND

Fannie Mae Scandal Grows and Networks Do Nothing - ABC, CBS, NBC skip $40-billion catastrophe at mortgage giant Free Market Project

Justice Dept. Begins Fannie Mae Criminal Probe Fox

Fannie Mae Whistleblower Talks - gave evidence to Congress about how the firm was cooking its books to show higher profits NPR

Scandal Raines Down on Fannie Mae CAGW

Fannie Mae Cooperation ''Spotty'' Deadlines are missed, submissions are incomplete, maintains the director of the mortgage giant's federal overseer CFO

Fannie Mae Misses Report Again and Finds More Accounting Problems MND

Letter to SEC Chairman Cox Regarding Fannie Mae Nader.Org

Fed up with Fannie and Freddie Jewish World Review

Stop Franklin Raines’ Rape of Fannie Mae — and Taxpayers NLPC

Fannie Mae 2004 - named Corporate Turkey of the Year in recognition of how it has cooked the books in its growing accounting and corporate governance scandal PR Newswire

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