Freddie Mac has agreed to settle with a woman who was deceived by a fraudulent landlord on a real-estate-owned asset owned by the secondary lender.

A man who identified himself as Tim Jacobs of Experience Management falsely claimed that he was the landlord of a Milwaukee property owned by Freddie.

He took $2,000 from Alishia Evans, who quickly moved into the three-bedroom home with her two daughters and her fiancé. She was pregnant with twins.

Source: Mortgage Daily