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Home » Store » Agency MBS » DeMarco: Fannie, Freddie to Wrap Up Pre-Conservatorship Demands by Year-end, Private Investors Remain Gun Shy

DeMarco: Fannie, Freddie to Wrap Up Pre-Conservatorship Demands by Year-end, Private Investors Remain Gun Shy

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The Federal Housing Finance Agency declared this week that Fannie Mae and Freddie Mac will finish making claims on pre-conservatorship mortgage acquisitions by the end of this year. “It is time for us to wrap up all our open issues dealing with that period and move on,” said FHFA Acting Director Edward DeMarco during a speech at the annual convention of the Mortgage Bankers Association. “I look forward to a speedy resolution of remaining claims in the coming months.” The two GSEs became wards of the federal government in September 2008. For years, lenders have complained...
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