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Fannie, Freddie to form new company


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2013 Mar 4, 9:47am   1,859 views  2 comments

by waiting_for_the_fall   ➕follow (1)   💰tip   ignore  

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

#housing

Comments 1 - 2 of 2        Search these comments

1   Papercut   2013 Mar 4, 11:10am  

This article belongs on The Onion.

2   mell   2013 Mar 4, 11:28am  

Comedy at its best!

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