One evening late last week, as House and Senate negotiators wound down another marathon session hammering out details of a massive financial regulatory overhaul, Sen Christopher Dodd (D-CT) uttered what almost everyone else in the room was thinking. “My own fear is that we’ve all died and this is our purgatory,” the chairman of the Senate banking committee said, sending a ripple of laughter through the weary crowd.

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Former Fannie Mae employee gets 6 years in prison for making $1 million on shady foreclosure sales

A former Fannie Mae employee will spend more than the next six years in prison after being found guilty of accepting more than a million dollars in bribes and kickbacks in exchange for selling Fannie Mae-owned foreclosures for less than market value.

Jan 15, 2020 By
3d rendering of a row of luxury townhouses along a street

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