Insight: Fannie Mae, Freddie Mac clamping down on banking institutions

Insight: Fannie Mae, Freddie Mac clamping down on banking institutions (Reuters) – Government-owned Fannie Mae and Freddie Mac are upgrading efforts to locate bad mortgages from them, providing an increasingly bigger headache to banks that they can force mortgage lenders to buy back. The companies that are government-controlled squabbling with banking institutions over who should […]

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