Relevant:
- Mortgage markets react to GSE principal write-down rejection
- Edward DeMarco Threatens Action Against Communities Weighing Principal Reduction Proposal
- Fannie, Freddie leader's mortgage-cutting dilemma
- Fannie, Freddie Regulator: Principal Forgiveness Not Our Mandate
- White House Must Free Fannie Mae, Freddie Mac On Principal Reduction, Remove Ed DeMarco
2012-08-31 — housingwire.com
Investors may see prices ease on Fannie Mae and Freddie Mac mortgage bonds now that the Federal Housing Finance Agency rejected principal reduction on the underlying loans, according to market analysts.
Reaction to FHFA Acting Director Edward DeMarco's decision Tuesday cut predictably among homeowner advocates, politicians and economists.
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