Industry News

Fannie Mae fined for soft money donations

Mortgage corp. violated Federal Election Campaign Act
Published on Mar 4, 2004

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by CareyBot

Home loan finance giant Fannie Mae is one of three organizations fined a total of $132,000 for violating the Federal Election Campaign Act, the Federal Election Commission (FEC) reported Wednesday. Under conciliation agreements made with the FEC, Fannie Mae will ...