Fannie Mae CEO To Recuse Himself From BofA Cases

Timothy Mayopoulos, the new ceo of Fannie Mae, says he will recuse himself from any case between the agency and Bank of America over its forced repurchase of defaulted mortgages in which he was involved in his capacity as general counsel for the government-sponsored enterprise.

  • 06 Jun 2012

Timothy Mayopoulos, the new ceo of Fannie Mae, says he will recuse himself from any case between the agency and Bank of America over its forced repurchase of defaulted mortgages in which he was involved in his capacity as general counsel for the government-sponsored enterprise.

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