Fannie Mae is about three quarters of the way through its effort to force banks to buy back failed loans originated at the housing bubble’s peak, its Chief Executive Officer Timothy Mayopoulos said today.

The company’s $11.7 billion settlement with ()(), announced yesterday, takes care of a significant portion of its outstanding buyback requests, Mayopoulos said at a Bloomberg Government breakfast in Washington.


3d rendering of a row of luxury townhouses along a street

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