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Federal National Mortgage Association Message Board

  • mashiach@verizon.net mashiach Nov 6, 2013 3:02 PM Flag

    (((( GREAT NEWS JUST OUT)))) GSE Earnings Preview: Freddie Mac Could ‘Pay Back’ Treasury in Total Soon

    Breaking Hot News!

    just in time

    MFnews
    Wednesday, Nov 6, 2013
    GSE Earnings Preview: Freddie Mac Could ‘Pay Back’ Treasury in Total Soon
    By Paul Muolo
    If Freddie Mac moves to capture a deferred tax asset allowance of $28.6 billion for the third quarter, it could wind up “paying back” the U.S. Treasury for all the assistance it received since its federal takeover in the fall of 2008.

    Fannie and Freddie Still Have a ‘Nuclear Option’ Over Seller/Servicers
    By Charles Wisniowski
    Despite this year’s implementation of a new Fannie Mae/Freddie Mac representations and warranties framework that promises repurchase relief with a three-year sunset on liability, the GSEs still hold all the cards and a very big stick when it comes to lenders managing their buyback risks, according to one attorney close to the issue

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