Abacus Bank, 19 Individuals Charged in Fannie Mae Mortgage Fraud

admin —  May 31, 2012 — Leave a comment

Abacus Federal Savings Bank and 19 individuals were charged with mortgage fraud for allegedly selling fraudulent loans to Fannie Mae, the office of Manhattan District Attorney Cyrus Vance Jr. said today. To contact the reporter on this story: Tiffany …

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Source: Bloomberg

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