Wednesday, November 13, 2013

Freddie Mac Cuts Taxpayers' Exposure to Risk with Insurance Purchase

Posted by Me on Facebook on November 13, 2013 at 11:40PM:



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Source:

http://bit.ly/1drWaoJ

Description:

Freddie Mac announced Tuesday that it has obtained an insurance policy underwritten by Arch Reinsurance Ltd. that will cover up to $77.4 million of credit losses for a portion of the risk on a pool of single-family loans funded in Q3. This new insurance c

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