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Federal National Mortgage Association Message Board

  • utherpen34 utherpen34 Jan 26, 2013 2:38 PM Flag


    Residential Capital has agreed to pay $297 million to mortgage company Fannie Mae FNMA -0.71%and, in return, Fannie will allow the bankrupt mortgage lender to transfer its servicing contract to a subsidiary of Walter Investment Management Corp. WAC -1.71%Read the DBR article via the Pioneer Press.

    Sentiment: Strong Buy

2.10-0.12(-5.41%)Oct 30 2:37 PMEDT

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