Sen. Warren Blasts FHFA for Blocking Short Sales

Take your pick – could be Fannie and Freddie are in on the intentional failure to assign mortgages to their trusts and/or have a stake with their own leasehold patents. See https://deadlyclear.wordpress.com/2013/06/07/remic-armageddon-on-the-horizon/

Justice League

Sen. Warren Blasts FHFA for Blocking Short Sales

WASHINGTON — Sen. Elizabeth Warren is taking the Federal Housing Finance Agency to task, criticizing the conservator of Fannie Mae and Freddie Mac for opposing short sale deals designed to keep original borrowers in their homes.

In an op-ed published this week in the Dorchester Reporter, a community newspaper based in the Dorchester section of Boston, the Massachusetts Democrat said the FHFA “has blocked the way” to such deals through what is known as an “arm’s-length” policy.

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