FHFA: Investment Bankers Can’t Use ‘Sophisticated Investor’ Excuse

The Federal Housing Finance Agency is pushing back against claims that Fannie Mae and Freddie Mac were sophisticated investors that should have done a better job of vetting their purchases of mortgage-backed securities.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_426/fhfa-investment-bankers-1026452-1.html?CMP=OTC-RSS

Leave a Reply

WP2FB Auto Publish Powered By : XYZScripts.com
Bunk Beds