May 16th, 2011
May 16th, 2011
Mortgage Industry Flat Broke?
Hello, today’s topic is Fannie Mae and Freddie Mac. So far, the tax payers are on the hook for $138 billion in losses to date since the firm started losing money. Which has been 14 of the last 15 quarters. So, people wonder why it’s so difficult to get a mortgage.
