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April 29, 2014

Ellie Mae Won’t Compensate Lenders for Recent Tech Snafu

By Paul Muolo

Originally, the technology vendor blamed the shutdown on a cyber-attack by hackers, but then a few weeks later ruled out that explanation.

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Who should make the ultimate decision in resolving the future of Fannie Mae and Freddie Mac?

I wish we had another option, but we don’t.

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