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Home » Store » News » Freddie Mac Tries to Fend Off Extensive Probe in Dispute With BofA, TBW, FDIC

Freddie Mac Tries to Fend Off Extensive Probe in Dispute With BofA, TBW, FDIC

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Freddie Mac, already in hock to the U.S. taxpayer up to its eyeballs, is trying to fight off what it characterizes as an enormous data demand from Bank of America, Taylor Bean & Whitaker, BNP Pa-ribas, and the Federal Deposit Insurance Corp. that the government-sponsored enterprise said could cost it at least $10 million to fulfill. BofA, BNP Paribas and the FDIC joined in a motion originally filed in February in which Taylor Bean & Whitaker asked the court to authorize an examination of Freddie and some of...
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