Federal Home Loan Mortgage Corporation
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hf-implode.com - 10 days ago
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hf-implode.com —
"The government sponsored version of subprime expert New
Century reported October numbers, and they were not pretty....
The bankrupt lender of 3.5% down housing loans saw its total mortgage portfolio rise to $2.244 trillion, thanks to the Fed which keeps on buying whatever crap FRE spews off the ...
(more)
Freddie Mac Mortgage Portfolio Rose To $2.244 Trillion, ...
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iehi
posted 10 days agoposted this
vsinvestor.com - 29 days ago
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vsinvestor.com —
Fannie Mae (NYSE:FNM) “broke the buck” in pre-market
trading this morning after it recorded a net loss...
of $18.9 billion for the third quarter of 2009. Including $883 million in dividends on the senior preferred stock, the net loss ...
(more)
Fannie Busting the Buck… (FNM, FRE)
minyanville.com - 17 days ago
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minyanville.com —
To help the auto industry, taxpayers were subsidizing
the price of autos through the Cash for Clunkers...
program and thus were creating artificial demand. The housing market, the epicenter of this crisis, is propped up from different directions. On one ...
(more)
Our Economy Is on Steroids