Foreclosure Specialist Indicted over Kickbacks


This AP story was less than clear to me.

As I read it, Granillo was a Fannie Mae employee who sought to augment his income through illegal kickbacks.

So, the bottom line is that corruption is alive and well throughout our society.  The main rule is don’t get caught or it will hurt.

Anyhow,  Granillo apparently took kickbacks to get the process moving.

Judge for yourself.

http://www.businessweek.com/ap/2013-03-27/foreclosure-specialist-indicted-over-kickbacks

 

Advertisements

About rereno

Real estate investor
This entry was posted in America, Banks, Economy, Foreclosure, Fraud, Government and tagged , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s