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Volume 9 - Number 5

March 3, 2010

Freddie Struggles With Partners to Enforce Buybacks

Freddie Mac is finding that the inherent tension between the GSEs and their sellers is intensifying as it struggles to enforce the buybacks of loans that went bad when the mortgage market hit the skids amid more push-back and slow-footing from some of its lenders. In its annual Form 10-K filing with the Securities and Exchange Commission, Freddie indicated the buyback issue is becoming increasingly...

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