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Loan Modification

: Loan Modification & Home Loan News

Fannie Subpoenas to Show $30B Bad Mortgages

By Moe Bedard

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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. The Federal Housing Finance Agency this month said it issued [...]

Full post as published by Loan Modification & Home Loan News on July 22, 2010 (boomark / email).

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