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Loan Modification

: Loan Modification & Home Loan News

Fannie and Freddie Hurting

By Moe Bedard

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Unlike Citigroup (C), Bank of America (BAC), AIG (AIG), Chrysler, and GM, Congress deemed that Fannie Mae and Freddie Mac had not received “exceptional assistance” and therefore did not have to have their pay decisions scrutinized by the pay czar. Top executives of Fannie and Freddie could get paid as much as $6 million for 2009, [...]

Full post as published by Loan Modification & Home Loan News on December 29, 2009 (boomark / email).

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