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Home » Store » Taxable » Changes Sought in GSE Fraud Rule

Changes Sought in GSE Fraud Rule

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Federal investigators want regulators to beef up a proposed rule that would hold the GSEs more accountable in cases of mortgage fraud, while one industry group contends the GSEs can’t be trusted to detect fraud cases on their own. The Office of Federal Housing Enterprise Oversight released the proposed rule in late February, apparently in response to Fannie Mae’s controversial role in a case of mortgage fraud in which a former Fannie lender bilked government…
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