FHFA Rejects Request for Mortgage Debt Writedowns

FHFA Rejects Request for Mortgage Debt Writedowns Play

July 31 (Bloomberg) -- Fannie Mae and Freddie Mac won’t forgive principal on delinquent mortgages they guarantee even as the U.S. Treasury Department is offering incentive payments for writedowns, the companies’ regulator said today. Peter Cook reports on Bloomberg Television's "Bottom Line." (Source: Bloomberg)

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