Home / News / Government / Freddie Mac Warns Servicers of Suspicious Invoices
Print This Post Print This Post

Freddie Mac Warns Servicers of Suspicious Invoices

""Freddie Mac"":http://www.freddiemac.com/ issued a noticed of potentially fraudulent invoices in a bulletin to sellers and servicers on Monday.

According to the notice, several Freddie Mac sellers and services reported the receipt of invoices from ""FMFM Agency"" or ""Fannie Mae/Freddie Mac Regulatory Agency."" The invoices bill the recipient for ""DO/LP Agency Access Fees"" and ""Correspondent Agency Lender Access Fees"".

The notice said the invoices are not from Freddie Mac and are likely fraudulent.

In the cases Freddie Mac identified, the invoices included names of aggregators the customer may be doing business with to seem more legitimate, the notice stated. Freddie Mac said the accounts payable department should be made aware of the situation.

Organizations that have received a suspicious invoice should contact the Financial Fraud Investigation Unit at mortgage_fraud_reporting@freddiemac.com and provide a copy of the invoice.

About Author: Esther Cho

x

Check Also

Housing’s Place in Economic Growth

The Chicago Fed is reporting slowing economic growth, but based on previous reports, what role is housing playing?

GET YOUR DAILY DOSE OF DS NEWS

Featuring daily updates on foreclosure, REO, and the secondary market, DS News has the timely and relevant content you need to stay at the top of your game. Get each day’s most important default servicing news and market information delivered directly to your inbox, complimentary, when you subscribe.