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Loan Modification

: Mortgage Lender Implode-o-Meter

Fannie Mae, Freddie Mac should disappear

By Implode-Explode Heavy Industries

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"The Obama administration has answered the question ?What should the government's role be in mortgage lending?? with a questionnaire.

Buried in the seven questions is this bland-sounding query: What is the role of the existing government-sponsored enterprises? Which is another way of asking: Should we try to bring Fannie Mae and Freddie Mac back from the dead?"

Full post as published by Mortgage Lender Implode-o-Meter on May 02, 2010 (boomark / email).

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