Here's how to handle electronic delivery of mortgage disclosures

Fannie Mae picks non-profit for first small sale of non-performing loans

Completes first “Community Impact Pool” sale

The do’s and don’ts of good credit for Millennials

Here's how to build you score
W S

Sources: FHFA tells Fannie and Freddie to cut costs

/ Print / Reprints /
| Share More
/ Text Size+
The Federal Housing Finance Agency recently ordered Fannie Mae and Freddie Mac to make major cuts in their general and administrative costs for 2011, according to GSE officials and advisors close to the company. At press time, spokespersons from FHFA and Freddie Mac declined to comment. A spokeswoman for Fannie said, "We don't comment on administrative matters. That said, the company is committed to being good stewards of the government's resources and therefore, regularly reviews its operations to improve efficiency."

Recent Articles by Jacob Gaffney

Comments powered by Disqus