Freddie Mac Presses For More Loan Buybacks

04 Dec 2012

Freddie Mac has informed banks that it will begin demanding they repurchase bad mortgages from before the financial crisis.

Freddie Mac has informed banks that it will begin demanding they repurchase bad mortgages from before the financial crisis. Until now, the government-sponsored enterprise has been pressing banks to take back loans from 2006 and forward, but now wants them to buy back loans originated in 2004 and ...

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