FBI Probing Fannie
The FBI is investigating Fannie Mae, Freddie Mac, Lehmans and AIG and some of their senior executives for evidence of mortgage fraud according to CNN.
The FBI did not provide specifics but said the inquiries were part of a broader probe, CNN said.
An FBI official confirmed the it is looking at 26 cases of potential corporate fraud related to the collapse of the U.S. mortgage lending industry.
The investigations will attempt to discover if anyone was guilty of providing "misinformation," CNN said.
The FBI did not provide specifics but said the inquiries were part of a broader probe, CNN said.
An FBI official confirmed the it is looking at 26 cases of potential corporate fraud related to the collapse of the U.S. mortgage lending industry.
The investigations will attempt to discover if anyone was guilty of providing "misinformation," CNN said.