Former Fannie Mae and Freddie Mac CEO’s Daniel Mudd and Richard Syron are being sued by the U.S. Security and Exchange Commission (SEC) for their role in vastly downplaying the volume of subprime loans the agency had procured before the housing bubble burst in 2008. During that time Freddie Mac claimed to have secured between [...]
Former Fannie Mae, Freddie Mac Bosses Sued By SEC is a post from: The Inquisitr