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Loan Modification

: Mortgage Lender Implode-o-Meter

Will Fannie and Freddie Screw Us Again?

By Implode-Explode Heavy Industries

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Well last week, the Federal Housing Finance Agency (FHFA) announced that PACE programs ?present significant safety and soundness concerns that must be addressed by Fannie Mae and Freddie Mac, and the Federal Home Loan Banks.?

What the hell does Fannie and Freddie know about safety and soundness?

Full post as published by Mortgage Lender Implode-o-Meter on July 16, 2010 (boomark / email).

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