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Loan Modification

: The Truth About Mortgage.com

Fannie and Freddie Tab May Rise to $363 Billion

By scot184

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More staggering figures from the Federal Housing Finance Agency, which oversees government mortgage financiers Fannie Mae and Freddie Mac. The pair, which went into conservatorship back in September 2008, could cost American taxpayers up to $363 billion. Yes, billion. Less severe scenarios put the numbers somewhere between $221 billion and $238 billion, but if dividend payments [...]

Full post as published by The Truth About Mortgage.com on October 21, 2010 (boomark / email).

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