Monday, December 26, 2011

California AG Sues Fannie, Freddie In Effort To Compel Mortgage Giants To Fork Over Information On Foreclosed Homes

In San Francisco, Courthouse News Service reports:

  • California's attorney general says Fannie Mae and Freddie Mac refused to provide information to the state's Mortgage Fraud Strike Force, which is investigating the mortgage and foreclosure crisis in California, which has cost more than 768,000 families their homes.

  • Attorney General Kamala Harris filed separate petitions to enforce investigative interrogatories against Fannie Mae (the Federal National Mortgage Association) and Freddie Mac (the Federal Home Loan Mortgage Corporation.)

For more, see California Sues Freddie & Fannie for Info.

For one of the lawsuits, see People v. Federal Home Loan Mortgage Corporation.

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