Bulletin 2014-23. Dec. 8. Freddie Mac announced servicing updates, including the requirement that servicers file and settle any property insurance claims with the applicable property insurer before submitting a recommendation to Freddie to charge off a mortgage. In addition, the bulletin requires servicers to send Freddie a copy of the fully executed modification agreement of home mortgages and second mortgages when the modification ... [Includes seven briefs]
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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