2008-02-25 — minyanville.com
'Fannie Mae (FNM) and Freddie Mac (FRE) have been the sole source of liquidity for the mortgage market since last summer, and the two report fourth quarter results in the coming week. According to French bank BNP Paribas, the mortgage market is so reliant on funds from these two entities that it has been “effectively nationalized.†'
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.