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Loan Modification

: Mortgage Lender Implode-o-Meter

FHFA Subpoenas Data from 64 Issuers of Mortgage Backed Securities

By Implode-Explode Heavy Industries

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"What?s this? The Federal Housing Finance Agency (?FHFA?) sent subpoenas to 64 issuers of mortgage-backed securities? The agency?s press release said that it?s trying to determine whether issuers are liable for Fannie?s and Freddie?s investment portfolio losses? The subpoenas are seeking loan level data, related to underwriting, performance, and servicing too?"

Full post as published by Mortgage Lender Implode-o-Meter on July 13, 2010 (boomark / email).

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