Posts Tagged ‘repurchase’

Fannie Mae’s Bill Is Holding Up The IndyMac Sale

This is pretty rich with irony. Fannie Mae seems to be standing in the way of the FDIC’s sale of IndyMac to a group of private investors. As reported by Housing Wire, Fannie presented the FDIC with a bill for $1 billion shortly after it seized IndyMac. The bill was for representations and warranties violations […]