Relevant:
- Fannie Subpoenas to Show $30B Bad Mortgages, Rosner Says
- New Fannie Mae Overseer May Curb Push for Mortgage Buybacks, Rosner Says
- It is payback time for Fannie Mae and Freddie Mac
- A weak economy trampled by battling giants
- Swiss UBS paying $885M to settle US claims over sales of mortgage bonds to Fannie, Freddie
2010-07-25 — mfi-miami.com
``Fannie Mae and Freddie Mac’s regulator may identify as much as $30 billion of debt included in mortgage bonds that the companies can force sellers to repurchase, according to Joshua Rosner, an analyst who in 2007 predicted the collapse in the market for the securities.''
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Comments:
mortgagemess at 00:43 2010-07-26 said:
What I am finding is a trend now of lenders going in and recording "errors or cover ups" on mortgages in the public records that have been sold off to Freddie and Fannie..trying to cover their tracks... Permalinktvsterling at 01:46 2010-07-26 said:
Of course they're complaining. They want business as usual & the ever flowing free lunch. Watch for them to call their pet congressmen on the carpet if things don't go their way. Permalinkadd a comment | go to forum thread
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