https://4closurefraud.org/2013/01/18/mortgage-cases-to-test-us-use-of-once-obscure-fraud-statute/ - Fighting Foreclosure Fraud BY SHARING THE KNOWLEDGE Fri, 18 Jan 2013 13:53:15 +0000 hourly 1 https://wordpress.org/?v=7.0.1 https://4closurefraud.org/2013/01/18/mortgage-cases-to-test-us-use-of-once-obscure-fraud-statute/#comment-407007 Fri, 18 Jan 2013 13:53:15 +0000 https://4closurefraud.org/?p=56869#comment-407007 I have a question then after reading this article. Both banks in their motion to dismiss state that Fannie/Freddie is NOT a financial institution. Then tell me how a mortgage would have any credibility or worth if the banks sold the mortgages to Fannie/Freddie and then in turn can file foreclosure? Would not the contract of the mortgage between the bank and borrower then become null and void once it was sold to Fannie/Freddie being that they are not financial institutions. Would that not violate the clause of the mortgage? Do they not reference in their docs that the instruments are “Fannie/Freddie” documents?

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