Hired contractor for a Fannie Mae rehab loan. Bank is required to do verification background check- they skipped this step. They approved a contractor based on what they provided on the document and wired transferred 21k (got back 3k and did get 3k in appliances so they still owe 15k as they failed the inspection report of 0% and $0 was completed). Did the contractors break any state or federal laws? All information provided on report has been proven false (via her own written statement)