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Fannie Mae Probed on Accounting Practices

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Fannie Mae Probed on Accounting Practices

Business

Fannie Mae Probed on Accounting Practices

Fannie Mae Probed on Accounting Practices

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  • <iframe src="https://www.npr.org/player/embed/4055362/4055363" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

The Justice Department continues to investigate possible accounting fraud by the mortgage finance company Fannie Mae. The investigation follows a report released by federal regulators last week alleging accounting irregularities. Hear NPR's Robert Siegel and Mike McNamee of Business Week magazine.