WASHINGTON Oct 24 Disputes between financial institutions and government-run mortgage finance sources Fannie Mae and Freddie Mac on loans made before the financial crisis are on track to be settled by the end of the year, the firms' regulator said on Thursday.
"We've been making progress on getting the claims resolved and settled," the Federal Housing Finance Agency's acting director, Edward DeMarco, told reporters. The firms are sorting through delinquent loans for signs of any violations of the representations and warranties.
DeMarco also said lenders will get at least six months' notice before the government reduces the limit on the size of loans that Fannie Mae and Freddie Mac can back.
AT&T reaches deal to buy Time Warner for more than $80 billion -WSJ
Oct 22 AT&T Inc reached a deal to buy media company Time Warner Inc for more than $80 billion, The Wall Street Journal reported on Saturday.
Trump vows to weaken U.S. media 'power structure' if elected
GETTSYBURG, Pa. , Oct 22 U.S. Republican presidential candidate Donald Trump promised on Saturday to foil a proposed deal for AT&T Inc to buy Time Warner Inc if he wins the Nov. 8 election, arguing it was an example of a "power structure" rigged against both him and voters.