Freddie Fares Worse Than Fannie in Adverse Market

Author:  //  Category: Mortgage

In an extremely adverse economic scenario, Freddie Mac would require more government assistance than its secondary counterpart, a new report says.

The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 requires stress tests for federally regulated financial institutions with more than $10 billion in consolidated assets.

In the case of Freddie and Fannie Mae, the stress tests are required to be implemented this year.


View original post here:
Freddie Fares Worse Than Fannie in Adverse Market

Share/Save/Bookmark

Tags: , , , , , , , , , , , , , , , , , , ,

Leave a Reply

You must be logged in to post a comment.