Alliance of Californians for Community Empowerment / KWCH-TV
Art de los Santos
Former Marine Art de los Santos is refusing to leave his family home - even though Freddie Mac and JP Morgan Chase foreclosed on the house and the Riverside County Sheriff's Department sent de los Santos an eviction notice Tuesday.
Los Angeles television station KNBC-TV reports de los Santos decided to reoccupy his home after learning through news reports that Freddie Mac had actually made money betting against homeowners like the ex-Marine.
NPR reported recently that Freddie Mac made $5 billion by blocking efforts by struggling homeowners to refinance their homes. De los Santos told KTLA-TV he got mixed messages from Freddie Mac when he tried to refinance:
The three appeared in federal court on Friday to face charges that they secretly worked on behalf of foreign defense contractor Glenn "Fat Leonard" Francis to advance the interests of his company. Leonard pleaded guilty last year in federal court in San Diego.Read More