Fannie, Freddie Ask Banks to Eat Soured Mortgages

” Fannie Mae and Freddie Mac may force lenders including Bank of America Corp., JPMorgan Chase & Co., Wells Fargo & Co. and Citigroup Inc. to buy back $21 billion of home loans this year as part of a crackdown on faulty mortgages.”
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Related posts:

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  3. Freddie and Fannie won’t pay down your mortgage
  4. Fannie-Freddie Fix at $160 Billion With $1 Trillion Worst Case
  5. Explaining FinReg: Fannie and Freddie

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