2011-08-12nationalmortgagenews.com

``As a Fannie spokeswoman told National Mortgage News this week the GSE is not a servicer. But did the GSE finance the sale of B of A's MSRs to a third party? Or is Fannie a joint venture partner in the ownership of these MSRs? From what our sources told us, the portfolio was awarded to Green Tree Servicing, which is now owned by Walter Investment Management Co., Tampa Bay. What did GT and Wally have to say? They did not return telephone calls. Fannie had no comment. What does Congress think? Who knows. They only seem interested in pounding the hell out Fannie (and Freddie Mac) every chance they can get...''



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