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."
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments:
catherine at 23:06 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
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.