Freddie Mac MBS Market Likely to Survive Recent Turmoil in GSE’s Executive Offices
June 13, 2003
Analysts appear cautiously optimistic that headline events at Freddie Mac won’t have any lasting repercussions on the MBS market. “Assuming that the new Freddie Mac president is accurate [in stating] that the re-audited financials will only show a difference in the timing or reporting revenues and not anything fraudulent, I don’t think there will be any long-term impact on the MBS market,