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    04.05.11 Professor David Reiss on Freddie Mac’s Warning to Mortgage Lenders in Bloomberg
    David Reiss

    In Bloomberg, Professor David Reiss discussed a warning recently made by government-owned Freddie Mac and Fannie Mae concerning the lending industry. Although the rule has been long-standing, the mortgage lender giants stated that they will be strictly requiring lenders and loan insurers to disclose cash-for-permanent-policy deals. Commenting about the announcement, Professor Reiss said, “For insurers, a settlement means they’re getting some certainty on potential liabilities.”

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