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Home » Store » News » GSE Roundup

GSE Roundup

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No More Adverse Market Charge. Fannie Mae and Freddie Mac retired their “adverse market delivery charge” on Sept. 1. The loan-level price adjustments are removed from their loan matrixes. Former Freddie SVP Joins Collingwood. Paul Mullings, former Freddie Mac vice president of single-family business, joined The Collingwood Group as managing director, the group announced this week. FHLB NY Denied Lawsuit Trim. This week a bankruptcy judge denied the Federal Home Loan Bank of New York's bid to trim a lawsuit, according to Law 360. The suit alleges that the FHLB NY cheated Lehman Brothers Holdings Inc. out of more than $150 million by undervaluing interest rate swaps. GSEs Update State Foreclosure...
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