Fannie Mae Warns Homeowners of ‘Fraudulent’ Warranty Products Bearing Its Name
The government-backed mortgage giant Fannie Mae is suing multiple home warranty providers, accusing them of misusing its service mark in “fraudulent” mailers sent to borrowers urging them to buy their products. Fannie Mae, whose congressionally-mandated mission is to purchase mortgages from lenders and bundle them into securities for investors to boost the availability of funds … Read more