Did whistleblower out First #mortgage’s $7.5 million Ginnie Mae #mortgage bond fraud?

The Securities and Exchange Commission is offering a reward to the whistleblower that revealed a scheme at First #mortgage Corporation that involved several of the company’s senior executives lying about the performance of the #mortgages the company originated, re-securitizing them, and defrauding investors out of $7.5 million – if in fact there is one. http://www.housingwire.com/articles/37935-did-whistleblower-out-first-mortgages-75-million-ginnie-mae-mortgage-bond-fraud ❤️ #share #mortgage