Warren Asks If Kushner Got Special Treatment on Freddie Mac Loan

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A spokesman for Kushner Cos. said all of its debt is bid and obtained through a competitive process. "Kushner Companies has done extensive business with Freddie Mac and Fannie Mae for decades, and the insinuation of any favorable treatment is ridiculous and totally false," the spokesman said.

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Freddie approved and Kushner Companies received this loan. To address our concerns about this matter, we ask that you provide answers to the following questions no later than June 27, 2019: 1. What was the process by which Freddie Mac approved the $800 million loan to Berkadia? a.

Sen. Elizabeth Warren, the Democrat from Massachusetts currently running for president, recently called attention to a loan received by Kushner Cos., the real estate company owned by the family of Jared Kushner, son-in-law and advisor to President Donald Trump.

The loan "raises serious questions about conflicts of interest and whether Kushner Companies may have received special treatment from Freddie, which is currently in government conservatorship," Warren (D-Mass.) and Sen. Tom Carper (D-Del.) wrote Thursday to Freddie CEO Donald Layton in a letter obtained by POLITICO.

finance.yahoo.com – 1 / 2Warren Asks If Kushner Got Special Treatment on Freddie Mac Loan(Bloomberg) — Presidential candidate Elizabeth Warren and another Democratic senator are asking whether Kushner Cos. "may have received special treatment" on a U.S.-government-backed loan of about $800 million.

Warren Asks If Kushner Got Special Treatment on Freddie Mac Loan. Bloomberg – Caleb Melby. Presidential candidate Elizabeth Warren and another Democratic senator are asking whether Kushner Cos. "may have received special treatment" on a. (Reuters) – A federal appeals court on Wednesday revived Ohio’s lawsuit accusing freddie mac of defrauding the state’s $87.3 billion.