| Author | Message | ||
     Dosakaaya Comedian Username: Dosakaaya Post Number: 1146 Registered: 02-2010 Posted From: 151.191.175.208 Rating: N/A |
who wouldn't need more money | ||
| Ashton Side Hero Username: Ashton Post Number: 4144 Registered: 05-2008 Posted From: 66.90.104.94 Rating: N/A |
I don't have any idea...but fannie mae ceo is gay lover of Barney Frank... | ||
| Bhikhu Side Hero Username: Bhikhu Post Number: 6496 Registered: 10-2008 Posted From: 148.129.129.154 Rating: N/A |
dora ee rondu merge setunnar ani rumour undi..atta avutundi antava | ||
| Ashton Side Hero Username: Ashton Post Number: 4143 Registered: 05-2008 Posted From: 66.90.104.94 Rating: N/A |
http://www.bloomberg.com/apps/news?pid=20601087&sid=aILOxsjp MbGQ&pos=7 Critical’ Fannie Mae, Freddie Mac Need More Aid, Report Says May 25 (Bloomberg) -- Fannie Mae and Freddie Mac, the mortgage companies operating under U.S. conservatorship, will require additional government aid amid losses stemming from the 2008 credit crisis, the nation’s top housing regulator said in its annual report to Congress. “While critical to supporting the ongoing functioning of the nation’s housing finance system, the enterprises would be unable to serve the mortgage market in the absence of the ongoing financial support,” said Edward DeMarco, acting director of the Federal Housing Finance Agency, said in the report released today. The so-called government-sponsored enterprises, which own or guarantee half the loans in the $11 trillion U.S. mortgage market, operated as private companies before they were seized by the federal government amid soaring losses in September 2008. Since then, Washington-based Fannie Mae and Freddie Mac of McLean, Virginia, have survived on a promise of unlimited U.S. aid, drawing $145 billion in Treasury Department funding. Because the companies have tightened their underwriting standards, nearly all their losses are from loans made in 2005, 2006 and 2007, “during the height of the home mortgage boom,” said DeMarco, who is scheduled to testify tomorrow at a House Financial Services Committee hearing. To contact the reporter on this story: Lorraine Woellert in Washington at lwoellert@bloomberg.net. |
