Developing Affordable Housing Ecosystems World Wide
With the firing of its auditor, more news on Fannie Mae’s accounting practices:
Auditor KPMG LLP found problems in the way Fannie Mae was compiling its financial results as recently as the quarter that ended Sept. 30, when the giant mortgage funding company was under a regulatory microscope, Fannie Mae disclosed last night. KPMG had [...]
Fannie Mae appears headed for a potentially explosive fight with ousted former CEO Frank Raines:
Two top executives ousted from Fannie Mae last week appear headed for a fight with the company over the size of their multimillion-dollar benefits and the circumstances of their departure.
It’s enough money over which to tussle:
Raines “has asserted” that [...]
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