0 minute readFannie Mae, the US government-supported mortgage-finance company, sold $7bn of three- year notes, in the largest sale of its benchmark securities since March 2009. The debt yields 1.057%, or 23.5 basis points more than similar-maturity Treasuries, the Washington-based company said today in a statement. On July 8, Fannie Mae sold $6bn of its three-year benchmark notes at the same spread and a yield of 1.257%
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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FHFA pushes for direct power to sue for mortgage fraud
The Federal Housing Finance Agency (FHFA) and Director Bill Pulte are asking Congress for the power to bring civil lawsuits against individuals suspected of mortgage fraud.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
