Freddie Mac trying to minimize exposure from failed lender, regional bank

Mortgage giant files claim with $1 billion in assets at risk
By Zachary A. Goldfarb
Washington Post Staff Writer
Tuesday, November 24, 2009

Freddie Mac, the government-backed mortgage finance giant, said Monday it's trying to minimize losses on more than $1 billion in assets at risk because of the summer collapse of mortgage lender Taylor, Bean & Whitaker and a regional bank with which it did business.