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July 29, 2014

Will Bank of America Ever Mend Fences With Fannie Mae?

By Paul Muolo

The Fannie-BofA squabble was tied to repurchase claims surrounding the bank’s legacy book of business, largely involving loans produced by Countrywide Financial and Merrill Lynch.

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

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