GSEs To Buy Back Delinquent Loans

11 Feb 2010

Fannie Mae and Freddie Mac have separately announced programs to buy back delinquent loans as a way of saving money.

Fannie Mae and Freddie Mac have separately announced programs to buy back delinquent loans as a way of saving money. Fannie Mae, which had about $127 billion in such loans, said the purchases would “preserve capital by reducing net funding costs and will thereby reduce the amount of ...

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