Trouble Looms Ahead for Fannie After Strong 2nd Qtr – National Mortgage News 8/04/16

August 4, 2016 

As reported by Bonnie Sinnock in National Mortgage News, in the wake of a strong 2nd quarter earnings report by Fannie Mae, some lender groups remain concerned about the GSEs’ earnings volatility, urging the Treasury Department to change the “Sweep Agreement”  that requires them to pay all their profits to the government.

 

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