FHFA Unveils Steps for Addressing, Correcting Flaws in Foreclosure Process
October 14, 2010
The Federal Housing Finance Agency this week announced a four-point plan for Fannie Mae and Freddie Mac in dealing with deficiencies in the foreclosure process in light of procedural defects that are now the subject of a nationwide investigation. FHFA acting director Edward DeMarco this week directed the two government-sponsored enterprises to implement...