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Loan Modification

: Mortgage Lender Implode-o-Meter

Fannie, Freddie "Mother of all Bailouts" may cost Taxpayers $1 Trillion

By Implode-Explode Heavy Industries

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"How the hell can Fannie and Freddie pay a 10 percent annual dividend on the shares owned by taxpayers when they are losing billions of dollars a year? Secondly, can the Fed unload the $trillion in Fannie and Freddie debt on its balance sheet without disrupting the market?"

Full post as published by Mortgage Lender Implode-o-Meter on June 15, 2010 (boomark / email).

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