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Freddie Mac becomes latest to jettison Andersen
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Freddie Mac becomes latest to jettison Andersen
Bloomberg News
Thursday, March 7, 2002
McLean, Va. -- Freddie Mac, the nation's second-largest purchaser
of home mortgages, dropped Arthur Andersen LLP as auditor after 32
years, the second major client loss for Andersen in less than a week.
Freddie Mac named PricewaterhouseCoopers LLP, the largest
accounting firm, auditor for this year. Drug-maker Merck & Co. on
Friday said it would replace Andersen, after 31 years of service,
with PricewaterhouseCoopers. SunTrust Banks Inc., a client for 60
years, last month replaced Andersen with ...
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; Freddie Mac under inquiry U.S. prosecutors...criminal investigation into Freddie Mac, the second-largest financier...a formal investigation. Freddie Mac pledged to cooperate with both investigations. Freddie Mac also said that Leland Brendsel...payments over the next two ...
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; ...Howard University, one of Freddie Mac's partners in the consumer...apples with oranges. Freddie Mac's own early survey results...situated. For example, Freddie Mac's preliminary findings...divorce. According to Freddie Mac, 30 percent of blacks...income over the past ...
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Newspaper article from: The Milwaukee Journal Sentinel
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New CFO Leads Freddie Mac's Lending Attack
Newspaper article from: The Washington Post
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Newspaper article from: The Washington Post
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Freddie Mac Requires Genworth to Submit Remediation Plan After Ratings Downgrade
Newspaper article from: U.S. Newswire
; ...downgrade for restoring a minimum AA- rating. Freddie Mac will then determine, at its sole discretion...requirements and the nature of those requirements. Freddie Mac will notify the mortgage insurer of its determination...mortgage insurers are eligible to insure loans that Freddie ...
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Freddie Mac accounting faulted Finance firm found to understate net to smooth profit flow
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Freddie Mac Drops Andersen; Delta May Follow Suit
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