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Fannie Mae Reports Massive Q3 Loss, Asks For Another $15 Bil

Posted on 11/5/09 at 5:27 pm
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 11/5/09 at 5:27 pm
Posted by Tiger JJ
Member since Aug 2010
545 posts
Posted on 11/5/09 at 5:44 pm to
Just more return for us taxpayers on those great government investments.
Posted by LSURussian
Member since Feb 2005
127260 posts
Posted on 11/5/09 at 6:14 pm to
I guess that is what happens when so many borrowers start believing it's acceptable to walk away from a loan obligation simply because they think it's in their best interest.

It's a shame our society has devolved to that.
Posted by sneakytiger
Member since Oct 2007
2480 posts
Posted on 11/5/09 at 7:52 pm to
What is the stat? Fannie, Freddie and FHA now account for like a 1/3 of US mortgage funds? Yeah, this will end well.
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