Fannie and Freddie seek to Hold Banks Accoutable for Bad Mortgages

It is payback time for Fannie Mae and Freddie Mac on some mortgages sold to the finance companies by lenders. Stuck with about $300 billion in loans to borrowers at least 90 days behind on payments, Fannie and Freddie have … Continue reading Fannie and Freddie seek to Hold Banks Accoutable for Bad Mortgages