TITLE

Freddie also Now Faces Threat of Portfolio Limits

AUTHOR(S)
Collins, Brian
PUB. DATE
July 2006
SOURCE
Mortgage Servicing News;Jul2006, Vol. 10 Issue 6, p3
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that the United States Office of Federal Housing Enterprise Oversight could impose portfolio limits on Freddie Mac, which could put the Freddie Mac on the same level as Fannie Mae. Acting director, James Lockhart placed a freeze on the size of Fannie Mae's portfolio until the government-sponsored enterprise fixes its internal controls and financial reporting systems.
ACCESSION #
21370187

 

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