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Home » Store » Taxable » HUD Adopts New Policies Despite GSE Opposition

HUD Adopts New Policies Despite GSE Opposition

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Fannie Mae and Freddie Mac strongly opposed a new disclosure rule recently adopted by the Department of Housing and Urban Development, but researchers claim the policies don’t go far enough to bring the GSEs in line with other industry standards. “They really should be held to a higher disclosure standard than your average mortgage lender,” said Jonathan Brown, a researcher with the nonprofit group Essential Information. “So far, they haven’t…
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