FHFA Preempts Bank Defense

The Federal Housing Finance Agency pushed back last week 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/nmn_features/fhfa-preempts-bank-defense-1026594-1.html?CMP=OTC-RSS

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