Rudman Report on Fannie’s Problems Expected in Early 2006; Some See Timing Issues Tied to Legislative Process
November 18, 2005
Freddie Mac uncovered extensive accounting problems in February, 2003, and was able to remove three top executives and complete a full internal investigation within six months. More than a year after Fannie Mae’s accounting issues were discovered, however, observers are still waiting for the government-sponsored enterprise’s internal report – and some believe there are ulterior motives are behind the delay. “There are definitely some political concerns there,” said Bert Ely, an…
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
News Tailored to Your Needs
Get Focused Coverage
Inside Mortgage Finance's newsletters break the mortgage market down so you get the news and data you need most, whether it's total industry coverage or just the news related to securitization, regulation, profits or other specific topics.