FHFA Establishes Additional Anti-Fraud Measure for Fannie, Freddie

June 19, 2012

The initiative, called the Suspended Counterparty Program, will require Fannie Mae, Freddie Mac and the Federal Home Loan Banks to notify FHFA whenever an individual or company, including ALTA members, with whom they do business is adjudicated to have engaged in fraud or other financial misconduct.

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