The Inspector General of the Federal Housing Finance Agency has some sage advice for Fannie Mae and Freddie Mac: the next time you suspect one of your seller/servicers is up to no good, tell their rival and their regulator. This type of wisdom – and more – is contained in a recent IG post-mortem report on one of the most spectacular mortgage failures of the past decade: Taylor, Bean & Whitaker, a large nonbank that collapsed in the late summer of 2009 after it was discovered ...