Items Tagged with 'Fannie Mae/Freddie Mac'


  • From HW Magazine

    Mortgage servicers still face headwinds under CFPB amended rules

    Billing statements and servicing transfers represent continued risk
    We’ve found that the handling and posting of payments during bankruptcy has been a widespread issue in our testing environment. Specifically, there is increased risk exposure in pre-and post-petition payment application and treatment, both inside and outside of the bankruptcy plan. Servicers and sub-servicers have created manual workflow workarounds to address the issue, however, it does open the servicer up to more exposure to calculation errors.
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  • Hedge Fund USA

    In HW's initial coverage of the Fannie/Freddie bailout, we wrote that the move essentially made the Treasury into the world's largest hedge fund: The Treasury said it will appoint two independent asset managers as financial agents of the U.S. government to manage the a government portfolio of MBS with the goal of “promoting stabiliity and protecting taxpayers.”
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