FHFA Threatens Strategic Defaulters With Prison: 'We're Going To Lock People Up'
Sunday, 23 September 2012 09:29
Posted by David Icke
'Strategic defaulters, beware. The feds are coming for you. And they are not happy.
Investigators are searching not only for lenders who have sold materially deficient loans to Fannie and Freddie, but also individuals, including those who reneged on their promises to repay their mortgages. So if you are a "strategic defaulter" who decided it was better to walk away from your obligation than to keep paying for a house that was worth substantially less than you owed, it's time to start looking over your shoulder.
Heath Wolfe, assistant inspector general for audits at the OIG, figures that these mortgage scofflaws owe more than $1 billion to Fannie and Freddie. It's not a lot, perhaps, in the greater scheme of things. But Wolfe's mission is to get back as much of it as he possibly can.'
Read more: FHFA Threatens Strategic Defaulters With Prison: 'We're Going To Lock People Up'
| < Prev | Next > |
|---|
Premier subscribers
Premier subscribers get exclusive content, videos and a weekly newsletter emailed every weekend. Plus access to our massive newsletter archive going back to 2005.
Follow Us
Events
Gareth Icke Live At The Wembley Arena - The First Two Songs
The Brilliant New Album By Gareth Icke
... And his hilarious new book ...
Remember Who You Are - the great new song written and performed by Gareth Icke
Gareth Icke - The new single from the album A Brand New Battle
Gareth Icke: 'This man has the world in his hands and I for one wouldn't count him out of world domination he is that good' - Kelvin Knight, Manager of The Human League
Get the latest
Online shop
The Global Conspiracy
David Icke examines many aspects of the global conspiracy and connects all the dots. The picture that appears is astounding. A must-read.
View this product
Freedom or Fascism
David Icke presents 15 years of research into the Global Elite, The Shadow Government, The Global Conspiracy and the cosmically and spiritually asleep human race. Get the 3-disc DVD.
View this product
The Oxford Union
In this two-hour DVD filmed at the Oxford Union, David encapsulates humanity's plight and how to secure our freedom. Find out what is really happening in your world, and why.
View this product
Beyond The Cutting Edge
David presents a 7 hour DVD of extraordinary dot-connecting, presenting his big answers to the big questions. Who are we? Where are we? What are we doing here?
View this product