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Loan Modification

: Mortgage Lender Implode-o-Meter

Fannie & Freddie: The biggest bailout

By Implode-Explode Heavy Industries

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"Fannie Mae and Freddie Mac recently announced fresh losses, bringing their total since the fall of 2008 to $126 billion. It barely registered as news -- although taxpayers are completely on the line for the bad debt of these government-sponsored enterprises"

Full post as published by Mortgage Lender Implode-o-Meter on March 29, 2010 (boomark / email).

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