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» FHFA’s Watt: It’s Not the Agency’s Role to Shrink the GSEs; Principal Reduction on the Table?
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FHFA’s Watt: It’s Not the Agency’s Role to Shrink the GSEs; Principal Reduction on the Table?
May 13, 2014
Paul Muolo
and
Charles Wisniowski
In his comments to reporters, FHFA Director Mel Watt did not rule out Fannie and Freddie engaging in principal reductions to help troubled consumers who have GSE loans.
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