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Fannie Mae, BNY Accused of Inflating Rates on Loan Foreclosures

Summary by Bloomberg
Home lenders and their partners have been cheating New Yorkers by inflating what they owed on home equity loans that fell into foreclosure, according to lawsuits filed Thursday.

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Fannie Mae, BNY Accused of Inflating Rates on Loan Foreclosures

Home lenders and their partners have been cheating New Yorkers by inflating what they owed on home equity loans that fell into foreclosure, according to lawsuits filed Thursday.

·United States
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Bloomberg broke the news in United States on Thursday, April 3, 2025.
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