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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