A new report from the Federal Housing Finance Agency (FHFA) inspector general (IG) on Fannie Mae’s MSR deal with Bank of America also confirms that the GSE tried to buy specialty servicer Litton Loan Servicing, though it does not mention that Houston-based company by name.

The IG also noted that Fannie Mae, as a way to handle troubled loans, has been financing “a portion” of MSR transactions by third-party servicers. In the past ASR sister publication National Mortgage News has reported on this issue with no response from Fannie.

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