The Obama administration launched a broad government effort this week to overhaul mortgage giants Fannie Mae and Freddie Mac and is considering splitting the companies and putting their troubled assets in a new federally backed corporation, administration officials said.
Similar Stories to Obama Administration Considers Splitting Fannie Mae, Freddie Mac on Bing News
Washington Post, Washington Post
Wed, 08/05/2009 - 3:01pm
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BING NEWS:
- Freddie Mac expands use of AOLs in selling guide update
Freddie Mac says attorney opinion letters may now be used on most mortgages in the U.S., including those backed by condominiums.
05/2/2024 - 5:10 am | View Link - Fannie Mae, Freddie Mac add appraisal rules, title options
Both quasi-public mortgage investors have new requirements for when borrowers question valuations. Freddie Mac is expanding use of title insurance alternatives.
05/1/2024 - 9:42 am | View Link - Fannie Mae single-family volume drops close to 24-year low
But strong g-fees, a positive credit-loss adjustment and stable home prices bolstered results despite declines in mortgage purchases to lows not seen in some time.
04/30/2024 - 3:51 am | View Link - More
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