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Loan Modification

: Mortgage Lender Implode-o-Meter

Freddie Mac to Tap $6.1 Billion in Aid After Loss

By Implode-Explode Heavy Industries

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"Freddie Mac is seeking a $6.1 billion investment from the U.S. Treasury, a fifth of the aid tapped in March, as the mortgage-finance company used an accounting rule and gains on derivatives to help curtail losses. "

Full post as published by Mortgage Lender Implode-o-Meter on May 13, 2009 (boomark / email).

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