Freddie Mac Not Liable for Unauthorized Actions of Mortgage Servicers The United States District Court for the Western District of Washington, citing the Merrill doctrine, has held that the Federal Home Loan Mortgage Corp., more commonly known as Freddie Mac, cannot...
The United States Court of Appeals for the First Circuit has held, in a matter of first impression, that the Federal National Mortgage Association, commonly known as Fannie Mae, cannot be held vicariously liable for the acts of its agent absent actual authority from...