Class Action Filed on G-Fees.(case against Fannie Mae and Freddie Mac)(Brief Article)Harmon, Jennifer
The ability to do an appraisal for Fannie Mae or Freddie Mac is getting rarer these days now that the GSEs are waiving appraisals on the majority of transactions. Despite drones being everywhere and the GSEs being in receivership, the latter is desperate for higher loan volumes to feed their ...
There is a glaring problem with proposals to dismantle Fannie Mae and Freddie Mac and “bring private capital back” to the mortgage market: Investors got mugged once and are not likely to walk down the same alley again. From 2002 to 2006, Wall Street banks overtook Fannie and Freddie and ...