Fannie Mae Series Q Preferred 6.75% (FNMAI)

[europegoodold]

Finally...

...a little man was found that can be hung:

Real Estate Appraiser Gets Prison Time In Fraud Case

Saturday, April 20, 2013
Robert Lang and Associated Press

A real estate appraiser has been sentenced to 15 months in prison for preparing fraudulent appraisals of homes that resulted in losses of $2.4 million to Freddie Mac and Fannie Mae.

Sixty-three-year-old David C. Christian of Catonsville was also ordered to pay restitution at sentencing Friday in federal court in Baltimore.

According to his guilty plea, Christian prepared fraudulent appraisals for at least 16 properties.

http://www.wbal.com/article/99210/3/template-story/Real-Estate-Appraiser-Gets-Prison-Time-In-Fraud-Case