Replies to post #742564 on Fannie Mae-No Politics (FNMA)

[basesloaded]

The penalties are much less than the fraud earnings. There is no incentive for them to stop.

[Robert from yahoo bd]

So what happens to the $1.7B, NEW CFPB HQ?

"The Consumer Financial Protection Bureau on Tuesday ordered Wells to repay $2 billion to consumers and enacted a $1.7 billion penalty against the bank. It's the largest fine to date against any bank by the CFPB and the largest fine against Wells..."

[Brooge warrants cancelled]

and are we getting anything?