FHFA Report Highlights Results of GSEs’ Nonperforming Loan Sales
National Mortgage News, July 1, 2016–Collins, Brian
The Federal Housing Finance Agency’s first report on the sales of nonperforming loans owned by Fannie Mae and Freddie Mac may seem discouraging at first. Mike Fratantoni, the chief economist of the Mortgage Bankers Association, said Fannie and Freddie have achieved a number of positive results from these sales.