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Loan Modification

: Mortgage Lender Implode-o-Meter

Fannie Mae, Freddie Mac Could Be Phased Out Under Treasury's Housing Plan

By Implode-Explode Heavy Industries

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"U.S. Treasury Secretary Timothy F. Geithner will present Congress with three options for reducing the government?s role in the nation?s housing finance system and shrinking the footprint of mortgage companies Fannie Mae and Freddie Mac, according to two people familiar with the plan."

Full post as published by Mortgage Lender Implode-o-Meter on February 10, 2011 (boomark / email).

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