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Volume 9 - Number 3

February 3, 2010

Whistleblower Rule Protects GSEs More Than Sellers

The Federal Housing Finance Agency has issued a new “GSE whistleblower” regulation that requires Fannie Mae, Freddie Mac and the Federal Home Loan Banks to report loan fraud or possible fraud to the agency, and will protect them (and their officers, directors, attorneys, and accountants) from liability for doing so. But the final rule, drafted under the mandate of the Housing and Economic...

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This biweekly covers the housing-related government-sponsored enterprises with experienced, expert analysis.

 

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The Consumer Financial Protection Bureau is completing its first six months of operation. Based on the agency’s regulatory pronouncements and announcements to date, how do you think the agency is doing?

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