Page 1807 

LATEST

SEC Charges Ex-Fannie Mae & Freddie Mac Execs With Securities Fraud

SEC Logo

Washington, D.C. — The Securities and Exchange Commission has charged six former top executives of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) with securities fraud, alleging they knew and approved of misleading statements claiming the companies had minimal holdings of higher-risk mortgage loans, including subprime loans.

HOT LIST

FEATURED