Seeking Alpha

Freddie Mac will recover an additional $2.2B-$3.4B from banks over soured mortgages after...

Freddie Mac will recover an additional $2.2B-$3.4B from banks over soured mortgages after scrutinizing the way it had originally assessed loans that were candidates for repurchase requests. Freddie had reached a $1.35B settlement with BofA (BAC) in January 2011 over the issue, but undertook the review at the behest of the FHFA inspector general, who found Freddie's original methodology lacking.
From other sites
Comments (1)
  • bbro
    , contributor
    Comments (10526) | Send Message
     
    BAC April 2015 bond yields 1.78%....BAC May 2021 bond yields 3.90%
    13 Sep 2012, 04:17 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs