Freddie Mac Fires Marshall C. Watson, but Fannie Mae Continues to Use Firm Because it’s too Expensive to Transfer the Files

  Fannie Mae was told about foreclosure abuses by an investor as early as 2003. The concerns were backed up in a 2006 report commissioned by Fannie that found “foreclosure attorneys in Florida are routinely filing false pleadings and affidavits.” “It is axiomatic that the practice is improper and should be stopped,” the 2006 report … Read more