Topic: Real Estate, Mortgage
Industries: Real Estate
Tags: Real Estate, Mortgage, Fannie Mae, Freddie Mac, FHFA
Publication: CNN Money
Date: April 10, 2012
NEW YORK (CNNMoney) — Allowing Fannie Mae and Freddie Mac to offer principal reductions may save taxpayers money thanks to enhanced government incentives, a preliminary analysis released Tuesday shows.
But that doesn’t mean their regulator, Ed DeMarco of the Federal Housing Finance Agency, is warming up to the idea.