Freddie Mac urged a bankruptcy court to reject Residential Capital's recent deal with Financial Guaranty Insurance Co. to slash the bond insurer's claim against ResCap by nearly $5 billion, arguing the deal was not negotiated in good faith and would unfairly shortchange the mortgage giant.
About HousingWire Staff
Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio
Most Popular Articles
Latest Articles
Here’s why non-QM earned its place at the mortgage dinner table
The non-qualified mortgage market has experienced significant growth since its introduction nearly a decade ago. 10 years in, credit ratings agencies regularly release performance metrics for investors, which provide remarkable insight into this extremely versatile asset class.
About HousingWire Staff
Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio