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Re: default reserves

Posted by FrankO on May 23, 2003 at 2:41 PM

In Reply to: Re: default reserves posted by Ward-CA- on May 23, 2003 at 9:52 AM

Thanks, almost. What about FNMA, FHLMC? Would they have to keep
reserves for non performing mortgages? What about FHA insured
loans? Is there a specific statute that I could read?

I know that you have a lot of people asking questions of you, and
I appreciate your time. If you know the answer offhand, great.
If not, I understand.


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