Fannie Mae Wins $66M In Fraud Suit Against NY Mortgage Co.
By Ama Sarfo ( June 24, 2013, 8:21 PM EDT) -- A New York federal judge on Friday awarded Fannie Mae nearly $66 million in a constructive fraud case alleging principals in a now-defunct Brooklyn-based mortgage company created a scheme where they collected Fannie Mae payments after borrowers had paid off their loans....
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