Tag: mortgage bonds
Bailout Impacts Taxpayers And Shareholders
It’s all over the news. BAILOUT! Mortgage giant’s Fannie Mae (FNM) and Freddie Mac (FRE) have been taken over by the Federal Government. I actually think the proper phrase is “placed in a government conservatorship”. Whatever the words are – the result’s the same. The US Federal Government is now the nation’s largest mortgage lender. […]
