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Bwells
Registered: 08/16/07
Posts: 20
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Reply with quote | #1 |
Washington, DC -- OFHEO Director James B. Lockhart announced today the implementation by Fannie Mae and Freddie Mac of the federal bank regulators’ Statement on Subprime Mortgage Lending to their mortgage purchases and the application of that Statement and the Interagency Guidance on Nontraditional Mortgage Product Risks to the purchase of private-label securities.
http://www.ofheo.gov/newsroom.aspx?ID=382&q1=0&q2=0
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© 2007 Georgia Association of Professional Appraisers. All Rights Reserved.
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