Fannie Mae Tweaks Reporting Requirements for MI Rescissions
July 8, 2011
Fannie Mae late last week notified its lenders that the GSE has modified its requirements for reporting notifications of mortgage insurance revisions, mortgage insurer-initiated cancellations and claim denials.
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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