Monday, April 27, 2015

Moody’s: Super-priority lien warning positive for Freddie Mac’s latest securitization

The FHFA issued a statement warning last week that federal law prohibits state courts from involuntarily extinguishing Fannie and Freddie liens to give precedence to so-called “super-priority” liens. This will have an impact, but maybe not on everything you want it to. Read on to find out the limits.

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