Freddie Mac Submits To Taylor Bean's Examination Bid

Law360, New York (March 17, 2010, 6:01 PM EDT) -- Freddie Mac has agreed to submit to an examination by bankrupt mortgage lender Taylor Bean & Whitaker Mortgage Corp. in connection with mortgages owned by Freddie Mac and serviced by TBW, though it has reserved the right to object in the course of the examination.

Freddie Mac, formally the Federal Home Loan Mortgage Corp., agreed at a hearing Wednesday in the U.S. Bankruptcy Court for the Middle District of Florida to let TBW take discovery under Rule 2004 of the Bankruptcy Code, according to Jeffrey W....
To view the full article, register now.