Seeking Alpha

Bank of America (BAC) says it will stop selling new home loans to Fannie Mae (FNMA.OB) and will...

Bank of America (BAC) says it will stop selling new home loans to Fannie Mae (FNMA.OB) and will deliver only loan modifications and refinancings to the GSE. Commitments allowing the efficient delivery of such loans had expired, BofA says, and "ongoing differences with [Fannie Mae] in other contexts, including repurchase claims" influenced the decision.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|