Fannie Mae Profiting as Market Middleman Angers Lenders
Friday, May 24, 2013 - 10:30
in Mathematics & Economics
The shift is morphing Fannie Mae into more of a middleman between homeowners and the bond market, a role typically played by originators or the larger banks that buy their loans such as JPMorgan and Wells Fargo & Co. (WFC) The trend underscores growing tension between the W …