Monday, May 2, 2016

Fannie Mae, How Many "Rehabbed" Properties Have You Sold In Which There Were No Permits And Proper Inspections?

Fannie Mae, how many so called rehab properties have you sold in which no permits were pulled? Were no permits pulled so that corners could be cut? Was it done so that work could be done on the cheap, and you could obtain maximum profit? How many homeowners will be financially burdened by having to redo work they can ill afford and that was not properly done in the first place? And if the work was done properly, as you may allege, then why were permits not pulled which would have allowed for proper inspections? There needs to be a public disclosure for Fannie Mae properties and their practices. Now there is news that some municipalities are monitoring Fannie Mae projects, making them obtain proper permits and undergo proper inspections, well aware of this track record. After the whole housing crisis, how can any of this be allowed?

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