Fannie Mae late Friday finally had something to say about Bank of America's announcement that it would no longer sell new purchase money loans to the GSE: it hopes to resolve the buyback disputes between the two parties.

“Fannie Mae has broad dealings with Bank of America,” said spokeswoman Kelli Parsons. “In this matter, Fannie Mae remains committed to working with BofA to resolve their repurchase issues with us and in doing so, to fulfill its contractual obligations. Fannie Mae will continue its efforts in the best interests of the company and the taxpayers."

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.