Thursday, April 17, 2008

Freddie Mac Adds Disclosures

Washington Post (04/10/08) P. D4
In an effort to enhance transparency, Freddie Mac will offer more information about mortgage securities. Beginning in June, the government-sponsored enterprise will disclose whether documentation of a borrower's income, assets and employment was provided. Additional disclosures will include combined loan-to-value ratios and mortgage insurance percentages.

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