Barney Frank, Corrine Brown and Alan Grayson wrote a letter to Fannie Mae's President, regarding their concern about the Foreclosure Mills in Florida and all the Foreclosure Fraud happening.
They say since Fannie Mae is basically a government entity, they are worried about Fannie Mae's mortgages and if they are correctly being foreclosed on and if everything possible is being done to avoid foreclosures. They also asked if Fannie Mae is using the Foreclosure mills. They are very worried about servicers foreclosing on people, when they are not the owners of the mortgage.
I LOVE IT! In other words - Everything that MERS is - they are now concerned about! Since mortgage servicers are the ones foreclosing on people, Right there the Congressmen say IT IS FRAUD! They have said it outright!!
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