Bets Against Homeowners Must Stop, Freddie Mac Was Told

Bets Against Homeowners Must Stop, Freddie Mac Was Told

Freddie Mac agreed last month to stop making new bets against American homeowners after its regulator, the Federal Housing Finance Agency, raised concerns, according to a statement the agency issued late Monday. Freddie, the taxpayer-owned mortgage giant, still retains $5 billion worth of such bets.

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