UPDATE 1-Fannie Mae, Freddie Mac may need $190 billion in big downturn -regulator

Comments (2)
FreeFannieMae wrote:

The FMIC will need 190 billion in a big turn down too. Hold originating lenders responsible. Letting banks settle these recent fraud claims for pennies on the dollar set a bad precedence. It will happen again with any system so long as that goes unchecked.

Apr 30, 2014 10:06pm EDT  --  Report as abuse
FreeFannieMae wrote:

The FMIC will need 190 billion in a big turn down too. Hold originating lenders responsible. Letting banks settle these recent fraud claims for pennies on the dollar set a bad precedence. It will happen again with any system so long as that goes unchecked.

Apr 30, 2014 10:06pm EDT  --  Report as abuse
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