Mum’s still the word on Ginnie Mae Defaults!
Tags: Deficits + Economy + Ginnie Mae + GNMA + Housing Bill + Tax cuts
One would think that the Government National Mortgage Association (GNMA), a direct obligation of the US Treasury, would make the news since we have a financial crisis in the mortgage market and moderate income and sub-prime loans are what Ginnie Mae does. Yet the traditional media doesn’t (publicly) ask about it, nor does the Fed, the Treasury, the […]
June 24, 2008 - Economy, Markets, Politics - 0 Comments
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