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Grijalva Calls for Full Audit of Fannie Mae, Freddie Mac and GMAC as Evidence...
Tucson, AZ - October 19, 2010 - (RealEstateRama) -- Rep. Raúl M. Grijalva today announced his call for a full audit of three major mortgage lenders in the wake of revelations about improper foreclosures nationwide based on dubious paperwork and legally suspect lender behavior. Grijalva sent a letter Oct. 15 alongside Reps. John Conyers, Marcy Kaptur and Alan Grayson to the inspector general for the Troubled Assets Relief Program (TARP) asking him to conduct an audit of Fannie Mae, Freddie Mac and GMAC, which together control millions of mortgages around the country.