The Chaos Theory of Foreign Policy
Tags: Fannie Mae + Fed + Fredie Mac + Ginnie Mae + Sallie Mae + Treasury
At the twilight of the receivership of Fannie Mae and Freddie Mac one can only wonder why the wait. The $5 trillion in mortgages guaranteed by these government sponsored entities consist of many “Liar” (stated income with no verification) or “Ninja” (no income no assets)
August 23, 2008 - Markets, Politics - 0 Comments
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