+Economy & Policy | 1274 days ago

Freddie Mac says no more subprime from New York. New York not surprised

By Barbara Kiviat

When Freddie Mac said that it would no longer buy subprime loans from New York because of a new homeowner-protection law there, I put in a call to Richard Neiman, superintendent of the New York State Banking Department. I thought to call him because just the week before we’d been talking about all the good [...]