Godlike Productions - Discussion Forum
Users Online Now: 2,139 (Who's On?)Visitors Today: 212,491
Pageviews Today: 597,563Threads Today: 230Posts Today: 4,246
08:31 AM

Back to Forum
Back to Forum
Back to Thread
Back to Thread
Subject petition - Force Fannie Mae to act Ethically
User Name
Font color:  Font:

In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
Original Message Fannie Mae admits to demanding 20% more than market value for short sale properties - forcing homeowners into foreclosure. They then offer the properties to the public on their homepath.com website at 20% above market value and will give a federally sanctioned Fannie Mae bad loan for this price if the buyer "takes advantage" of not paying for an appraisal. These are the type of manipulations which destroyed the property market. As a federal bailout, Fannie Mae should be forced to act ethically and responsibly or they should be shut down
Sign petition at link....
[link to wh.gov]
Pictures (click to insert)
 | Next Page >>