2010-05-27 — ecreditdaily.com
"The chief regulator over Fannie Mae and Freddie Mac said the two enterprises under U.S. conservatorship have nearly eliminated the purchases of the poorest performing mortgage products that were responsible for more than a third of each entity’s first quarter losses."
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Comments:
catherine at 08:06 2010-05-27 said:
what crap, all loans bought today (whose value is still falling like a chainsaw) are risky loans - we found out those "A' paper loans can tank as fast as those 'bad" loans did............they will need 500 billion next time they cash one of those unlimited checks written on the US taxpayers account..... Permalinkadd a comment | go to forum thread
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