Is the Independent Foreclosure Review Independent?

.Rebecca Mairone, then at Bank of America, testifies to the Housing and Community Opportunity Subcommittee in Washington, D.C., on Nov. 18, 2010. Mairone now heads JPMorgan Chase’s involvement in the Independent Foreclosure Review. (Joshua Roberts/Bloomberg via Getty Images)

An executive who the Justice Department says facilitated a scheme to defraud Fannie Mae and Freddie Mac is now spearheading JPMorgan Chase’s role in the government’s program to compensate victims of the big banks’ abusive foreclosure practices. Article

 

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