Correction – Fitch: Large U.S. Bank Ratings Vulnerable to GSE Mortgage Loan Repurchases
August 22, 2010 by
Filed under home equity loan rates
Correction – Fitch: Large U.S. Bank Ratings Vulnerable to GSE Mortgage Loan Repurchases
NEW YORK–(BUSINESS WIRE)–(This is a correction of a release issued earlier today. It provides additional information in the first paragraph and revises the annualized pre-provision net revenues amount in the fifth paragraph.) Recently, the main housing government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, have been actively exercising their right to put back to the original …
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