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Loan Modification

: Mortgage Lender Implode-o-Meter

Fannie Mae, Freddie Mac Should Be Eliminated, Frank Says

By Implode-Explode Heavy Industries

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"The remedy here is...as I believe this committee will be recommending, abolishing Fannie Mae and Freddie Mac in their current form and coming up with a whole new system of housing finance," said Rep. Barney Frank (D., Mass.), the chairman of the House Financial Services Committee.

Full post as published by Mortgage Lender Implode-o-Meter on January 23, 2010 (boomark / email).

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Lawsuits and Settlements

Frank Bluestein, The Maximum Financial Group, Inc., Questar Capital Corporation, and Gunnallen Financial, Inc.
alleging schemed investors out of hundreds of millions of dollars.

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