The Fannie Mae Foreclosure Farm

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Registered: 04-09-2007
The Fannie Mae Foreclosure Farm
Fri, 09-24-2010 - 2:52pm

http://www.huffingtonpost.com/2010/09/24/house-democrats-to-fannie_n_738280.html



"Because many mortgages have been bought and sold by different institutions multiple times, key paperwork involved in the process to obtain foreclosure judgments is often missing. On numerous occasions, allegedly fabricated documents have been presented to the courts in foreclosure actions to obtain final judgments against homeowners," said Florida Attorney General Bill McCollum in a statement announcing an investigation of three law firms in Florida. "Thousands of final judgments of foreclosure against Florida homeowners may have been the result of the allegedly improper actions of the law firms under investigation."