The big financial overhaul bill just got a lot bigger. Originally weighing in at 1,500 pages, the bill now totals close to 2,000 pages thanks in large part to a decision by Democrats to add “Section 14” — tougher rules on home loans. Section 14 is essentially a bill the House passed in May 2009 that would create new restrictions on mortgage lending.

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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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