Fannie Mae regulator says no to principal cuts
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Fannie Mae regulator says no to principal cuts

Seattle : WA : USA | Jul 31, 2012 at 2:01 PM PDT
Source: MarketWatch
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The regulator for government-seized housing giants Fannie Mae and Freddie Mac said Tuesday he doesn't want the firms to cut the amount underwater borrowers owe, drawing an immediate rebuke from Treasury Secretary Timothy Geithner. Ed DeMarco, the acting chief of the regulator for Fannie and Freddie,... FULL ARTICLE AT MarketWatch
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The US government has provided $60 billion to Fannie Mae and $51 billion to Freddie Mac
The US government has provided $60 billion to Fannie Mae and $51 billion to Freddie Mac
 
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