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GSEs under microscope: SEC files complaint against execs; subcommittee approves proposal
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Fraud Watch, Industry News
Tuesday, December 20, 2011
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The Securities and Exchange Commission charged six former top executives
from Fannie Mae and Freddie Mac with securities fraud, claiming the
government sponsored enterprises misled the nation regarding its
subprime mortgage loan holdings. Read on for more from the SEC complaint
and an update on the latest GSE reform proposal.
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