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Home » Store » Taxable » GSEs Vocal on Hurricane Relief, Mum on Costs

GSEs Vocal on Hurricane Relief, Mum on Costs

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GSE officials still haven’t announced how much the damage wrought by Hurricane Katrina will cost Fannie Mae and Freddie Mac, but the enterprises have lost little time issuing public statements about how the firms are moving to help affected borrowers. Fannie and Freddie announced earlier this month that they were suspending mortgage payments for three months for homeowners located in areas affected by the Katrina disaster. Freddie added that the GSE had implemented procedures for…
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