Friday, Mar 05, 2010
I'd Rather Eat my Hat!
Bloomberg: 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.
Posted by alan @ 04:56 PM (785 views) Add Comment
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