According to a report by Reuters, the Federal Housing Finance Agency (FHFA) should consider directing government-controlled mortgage finance firms Fannie Mae and Freddie Mac to sue companies that sold them overpriced insurance, an internal watchdog at the regulator said on Wednesday, June 25th. Overpriced insurance may have cost the companies $158 million in 2012 alone, the FHFA's Office of Inspector General said in a report.
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