An autopsy of Fannie Mae is offered this week by the New York Times, which asserts conflicting pressures to back mortgages to low-income homeowners while turning profits generated much of the demise. As the Bush Administration begins to apply portions of the $700 Billion Bailout, CountryWide will address 30,000 troubled mortgages in Texas. Meanwhile, the [...]
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Archive | October 8, 2008

October 8, 2008
