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May 12, 2014

FHFA Directs Fannie and Freddie to Give Lenders a Break on ‘Reps & Warrants’

By Paul Muolo

Among the changes, the two GSEs will no longer require that a lender automatically repurchase a residential loan when a mortgage insurance company rescinds coverage.

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

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FHFA
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