Post Tagged with: "Fannie Mae"
Fannie Mae to sell $2 billion bills on Wednesday
Fannie Mae (FNMA) , the largest U.S. home funding company, said on Monday it plans to sell $2 billion bills on Wednesday, Oct. 19, in a Dutch auction. The auction will include $1 billion of three-month benchmark bills due Jan. 18, 2012, and $1 billion of six-month bills due April 18, 2012. In such uniform [...]
Freddie Mac’s Loan Review Process Criticized In a New Report
Things are not looking good for Freddie Mac as a new report says that the federal government’s mortgage finance regulatory agency did a poor job of making sure taxpayers got top dollar in selling $2.87 billion in bad mortgages back to Bank of America last year. The report focused on the role of the Federal [...]
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