Ohio AG Eyeing Fannie Mae, Will Expand Mortgage Probe

Regarding Fannie, Dann said at the Reuters Housing Summit in New York that “it appears that they also failed to advise their shareholders of the extent of their subprime holdings.”

Dann also said he will subpoena 15 additional mortgage companies as part of an ongoing investigation into lenders’ practices during the housing boom, although he did not identify the firms his office will be targeting.