Whistleblower Lawsuit: Fannie Mae Bungled HAMP Anti-Foreclosure Program – Caroline Herron v Fannie Mae et al Case 110-Cv-00943-Rmc

Fannie Mae executives bungled their stewardship of the federal government’s massive foreclosure-prevention campaign, creating a bureaucratic muddle characterized by “mismanagement and gross waste of public funds,” according to a whistleblower lawsuit by a former Fannie Mae executive and consultant. Caroline Herron, a former Fannie vice president who returned to the mortgage giant in 2009 as … Read more