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Warren Asks If Kushner Got Special Treatment on Freddie Mac Loan

Stock analysis for Federal home loan mortgage Corp (FMCC:OTC US) including stock price, stock chart, company news, key statistics, fundamentals and company profile.. Warren Asks If Kushner Got.

NEW YORK, May 5 (Reuters) – Activist investor William Ackman said on Monday he recommends the shares of mortgage finance giants Fannie Mae and Freddie Mac because the companies have low liquidity risk.

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A spokesman for Kushner Cos. said all of its debt is bid and obtained through a competitive process. "Kushner Companies has done extensive business with Freddie Mac and Fannie Mae for decades, and the insinuation of any favorable treatment is ridiculous and totally false," the spokesman said.

The letter requests a full timeline of the application and approval process. It asks which officials at Freddie were involved in issuing the loan and whether Jared Kushner or other people affiliated with the family company communicated with any Freddie Mac officials about it.

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sen. elizabeth warren, D-MA, recently called attention to a loan received by Kushner Cos., the real estate company owned by the family of Jared Kushner, son-in-law and advisor to President Donald.

New Bill to Abolish Fannie Mae and Freddie Mac With New Loan Structure.. Warren Asks If Kushner Got Special Treatment on Freddie Mac Loan. Bloomberg.

Senators Warren and Carper raised questions about the circumstances under which Freddie Mac approved the loan and whether Kushner Companies received favorable treatment due to Mr. Kushner’s role in the White House, given Mr. Kushner’s refusal to fully divest from his former company.

Warren asks if Kushner got special treatment on Freddie Mac loan Presidential candidate Sen. Elizabeth Warren, D-Mass., and another Democratic senator are asking whether Kushner Cos. "may have received special treatment" on a U.S.-government-backed loan of about $800 million.

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Freddie Mac announces the pricing of the SB40 offering, a multifamily mortgage-backed securitization backed by small balance loans underwritten by Freddie Mac and issued by a third-party trust.

MCLEAN, VA–(Marketwired – Jan 2, 2014) – Freddie Mac ( OTCQB : FMCC ) today released the results of its Primary Mortgage Market Survey® (PMMS ®), showing average fixed mortgage rates continuing to.

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