I am writing to respond to the recent allegations of "bullying" made in the name of FM Watch, the coalition of subprime lenders, mortgage insurers, and megabanks seeking to thwart Freddie Mac's ongoing efforts to reduce mortgage costs for America's families.

Let me state unequivocally: Freddie Mac has not, does not, and will not do business this way.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.