Bailouts Keep Fannie Mae And Freddie Mac From Toppling Into Bankruptcy But What About Homeowners?
According to an article in the Star-Telegram, mortgage giants Fannie Mae and Freddie Mac , would topple over into bankruptcy without the lifeline of government funding that has poured into these behemoths since September 2008.
The article said:
“The companies, created by the government to ensure the availability of home loans, have tapped about $96 billion in government aid since …
Tags: Bankruptcy FannieMae foreclosure FreddieMac Mortgage



