On the heels of Fannie Mae's $2.2 billion loss reported Tuesday, the New York Times published a story questioning its solvency and that of its little sibling Freddie Mac. I recommend the read, and here are some key points from it:
Fannie and Freddie handled more than 80 percent of all mortgages bought by investors [...]
Read...Related Headlines
- National City Warehouse Stops Approving Non-Agency Loansposted 233 weeks ago on Blown Mortgage
- IndyMac wades back in to the jumbo marketposted 233 weeks ago on Blown Mortgage
- Fannie and Freddie in the Jumbo market?posted 216 weeks ago on Blown Mortgage
- Bankrate.com Mortgage Trend Index (September 6, 2007)posted 231 weeks ago on The Mortgage Reports Blog
- Bankrate.com Mortgage Trend Index (September 13, 2007)posted 230 weeks ago on The Mortgage Reports Blog
- Bankrate.com Mortgage Trend Index (September 20, 2007)posted 229 weeks ago on The Mortgage Reports Blog
- Mortgage rates headed up as Fannie and Freddie struggleposted 185 weeks ago on Blown Mortgage
- Bankrate.com Mortgage Trend Index (October 11, 2007)posted 226 weeks ago on The Mortgage Reports Blog
- Bankrate.com Mortgage Trend Index (October 18, 2007)posted 225 weeks ago on The Mortgage Reports Blog
- Freddie joins Fannieposted 217 weeks ago on Blown Mortgage