talks about how the real estate collapse prompted Fannie Mae and Freddie Mac to tighten appraisal regulations, a attempt to protect themselves from undesireable loans.
Freddie Mac and Fannie Mae Will Force Lenders To Pay Back Losses Incurred During Home Foreclosure Process Delay
Fannie Mae and Freddie Mac will force lenders to pay for any losses that the GSEs incur due to a breakdown in the foreclosure process.