Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

A Member of the Law Professor Blogs Network

Monday, March 3, 2008

NY Attorney General Enters Agreements with Freddie Mac, Fannie Mae

New York Attorney General Cuomo announced agreements with Fannie Mae, Freddie Mac and OFHEO that require Fannie Mae and Freddie Mac to buy loans only from banks that meet new standards designed to ensure independent and reliable appraisals.  The agreements also create a new independent organization to implement and monitor the new appraisal standards.  The companies also agree to establish a Home Valuation Code of Conduct.  NEW YORK ATTORNEY GENERAL CUOMO ANNOUNCES AGREEMENT WITH FANNIE MAE, FREDDIE MAC, AND OFHEO.

http://lawprofessors.typepad.com/securities/2008/03/ny-attorney-gen.html

Other Regulatory Action | Permalink

TrackBack URL for this entry:

http://www.typepad.com/services/trackback/6a00d8341bfae553ef00e550a93d3a8834

Listed below are links to weblogs that reference NY Attorney General Enters Agreements with Freddie Mac, Fannie Mae:

Comments

Post a comment