March 27, 2014
Treasury Wins Again: Fannie and Freddie Will Reap $9.3 Billion from BoA PLS Settlement
As former Fannie Mae executive William Maloni put it: “More money for Uncle Sam!” The Treasury Department ultimately will benefit since it gets to “sweep” almost of Fannie’s and Freddie’s earnings.
Read the full article when you register for your FREE IMFnews account.
IMFnews articles are available only to registered users. Sign up to get free access to all IMFnews articles and the daily email alert.
If you have an existing account with Inside Mortgage Finance, please login below.