Summary
WASHINGTON - A senior House lawmaker has asked the Justice Department to investigate whether Fannie Mae's former chief executive and former finance chief lied to Congress in sworn testimony in 2004.
Rep. Richard Baker, R-La., chairman of the House panel that oversees the government-sponsored mortgage finance company, disclosed Wednesday that he had made a formal perjury referral regarding former Fannie Mae CEO Franklin Raines and former chief financial officer Timothy Howard.See the full content of this document
Extract
Perjury Inquiry Requested for Ex-Fannie Mae Chiefs
The Justice Department has been conducting a criminal investigation of Washington-based Fannie Mae, the largest financer and guarantor of home mortgages in the country.
The company's $11 billion acc...See the full content of this document
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