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Loan Modification

: Mortgage Lender Implode-o-Meter

Fannie Mae, Freddie Mac Debate Begins as Taxpayers? Costs Mount

By Implode-Explode Heavy Industries

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"One thing is for sure: The White House will not lack for advice on the future of Fannie, Freddie, and the housing market. ?Everybody?s telling them, ?Don?t do anything stupid,?? says Barry Zigas, director of housing policy for the Consumer Federation of America. ?It?s easy to forget that this system worked awfully well for 75 years.? That is, until it didn?t."

Full post as published by Mortgage Lender Implode-o-Meter on July 08, 2010 (boomark / email).

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