Could Freddie Mac Repurchase Plan Yield the GSE $3.4 Billion? was originally published on Chicago Agent Magazine, the leading source for news and perspective for real estate professionals in the Chicagoland area.
By Peter Ricci A Freddie Mac repurchase�plan, which would involve the GSE essentially forcing lenders to buy back toxic mortgages that it once guaranteed, could net the company as much as $3.4 billion, according to new analysis from the inspector general of the Federal Housing Finance Agency (FHFA), with $1.2 billion of those funds coming in 2012. The key to the higher yields, according to the inspector general, is a wider review process by Freddie, one that would consider more loans eligible for the repurchase�plan. In its analysis, the inspector general reviewed ...
Could Freddie Mac Repurchase Plan Yield the GSE $3.4 Billion? was originally published on Chicago Agent Magazine - For the well-informed real estate professional, the leading source for news and perspective for real estate professionals in the Chicagoland area.
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