Mortgage giant Fannie Mae maintains a list of about 140 select law firms in 31 states that are eligible to perform related foreclosure work. Many of those chosen firms are also on Freddie Mac's shorter list of about 50 designated counsel. In Connecticut, several firms are reporting frustration over their failed attempts to get on the lists, while two lucky law firms that are on both lists dominate the state's foreclosoure docket. Now, the Connecticut attorney general is investigating the matter.
Elite Lists for Foreclosure Work Under Scrutiny
The Connecticut Law Tribune
July 1, 2009