The Freddie Mac/Bank of America Settlement: Billions of Reasons to Actually Investigate the Loans
As Gretchen Morgenson tells it, the headline story from an FHFA Inspector General report on a $1.35B deal Freddie Mac made last year with Bank of America is that the analysis behind the deal was flawed. Freddie Mac used a flawed analysis when it accepted $1.35 billion from Bank of America to settle claims that […]
