Fannie, Freddie to form new company

By waiting_for_the_fall   follow   Mon, 4 Mar 2013, 9:47am PST   ↑ Like   ↓ Dislike   468 views   2 comments   Watch (2)   Share   Quote  

WASHINGTON -- Fannie Mae and Freddie Mac will build a new joint company for securitizing home loans as a stepping stone toward shrinking the government's role in the mortgage market, the regulator of the U.S. government-controlled firms said on Monday.

http://www.nbcnews.com/business/fannie-freddie-form-new-company-1C8686403#/business/fannie-freddie-form-new-company-1C8686403

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Papercut   befriend (0)   ignore (0)   Mon, 4 Mar 2013, 11:10am PST   Like (2)   Dislike     Share   Quote   Comment 1

This article belongs on The Onion.

mell   befriend (8)   ignore (5)   Mon, 4 Mar 2013, 11:28am PST   Like   Dislike     Share   Quote   Comment 2

Comedy at its best!

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