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Loan Modification

: Mortgage Lender Implode-o-Meter

There's no justifying $6 million aid for Fannie Mae and Freddie Mac

By Implode-Explode Heavy Industries

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"The Obama administration's approval of $6 million benefit packages to Fannie Mae's and Freddie Mac's chief executives is close to criminal ["U.S. promises unlimited aid to mortgage giants," front page, Dec. 25]. There is no sane justification for subjecting the American people to such greed and folly."

Full post as published by Mortgage Lender Implode-o-Meter on January 01, 2010 (boomark / email).

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