Freddie Asserts Its Standing to Approve Lender Deals to Settle MI Disputes With Private MIs
April 7, 2011
Freddie Mac late last week reminded lenders that it prohibits arrangements where lenders compensate mortgage insurers for losses on certain Freddie-owned loans, in exchange for the insurers agreeing not to rescind coverage of those loans. The government-sponsored enterprise drew attention to...
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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