Relevant:
- Mortgage markets react to GSE principal write-down rejection
- Edward DeMarco Threatens Action Against Communities Weighing Principal Reduction Proposal
- Lawmakers push Fannie, Freddie to write-down mortgage principal
- Fannie And Freddie Can Prevent Foreclosures And Protect Taxpayers Through Principal Reduction
- Ed DeMarco, Top Housing Official, Defies Treasury, Shoots Down Principal Reduction
2012-08-01 — housingwire.com
Investors may see prices ease on Fannie Mae and Freddie Mac mortgage bonds now that the Federal Housing Finance Agency rejected principal reduction on the underlying loans, according to market analysts.
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