Volume 27 - Number 10
March 11, 2010
GSEs’ MI Risk Exposure Shows No Improvement As Outstanding Receivables Jump from 2008 Levels
Fannie Mae and Freddie Mac not only have to deal with pushing an increasing number of loans back to seller servicers, they also are reporting a rising volume of outstanding receivables from mortgage insurers. Fannie said it had $2.5 billion in outstanding receivables from private MIs at the end of 2009, up from $1.1 billion the year before. Freddie finished last year with... [Includes one chart]
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