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Loan Modification

: Loan Modification & Home Loan News

Official defends US paying execs? legal fees

By Moe Bedard

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(Source: Associated Press/AP Online By ALAN FRAM) WASHINGTON – The federal regulator overseeing Fannie Mae and Freddie Mac stood by his approval of millions of taxpayer dollars for legal fees defending the housing giants and their executives after accounting scandals, telling angry House committee members on Tuesday that his agency was obligated to do so. [...]

Full post as published by Loan Modification & Home Loan News on February 16, 2011 (boomark / email).

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