The fresh new Ties and Exchange Payment possess charged six previous Federal national mortgage association and you will Freddie Mac computer officials that have mistaken dealers about high-risk financing. Judy Woodruff talks about the alleged wrongdoings may have contributed to the borrowed funds crisis which have Edward Pinto of one’s Western Corporation Institute and Lynn Turner of LitiNomics.

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The folks who were powering two financial monsters in the event the houses ripple burst was indeed formally implicated now out-of municipal con. New Securities and Exchange Fee submitted case naming half a dozen former professionals at Fannie mae and you may Freddie Mac.