New Fannie & Freddie Litigation the Next Ugly Shoe to Drop in Mortgage Repurchase Nightmare?
Published on CNBC, Nov. 22, 2010.
November 22, 2010 at 07:00 PM
1 minute read
The original version of this story was published on Law.com
Are Fannie Mae and Freddie Mac, the enormous Government Sponsored Enterprises (GSEs) that purchased about three quarters of the total single-family mortgages in the United States, about to step into the repurchase litigation fray?
If so, it might be very frightening news indeed for the lenders potentially on the hook to repurchase the securities they sold to the GSE's.
First, a little background.
For the full CNBC story, click here.
Are
If so, it might be very frightening news indeed for the lenders potentially on the hook to repurchase the securities they sold to the GSE's.
First, a little background.
For the full CNBC story, click here.
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