Posts Tagged ‘WaMu’

Bye Bye Freddie and Fannie

Sunday, September 7, 2008 13:27 No Comments

If you happen to be in the U.S then by now you have heard about the Government takeover of Fannie Mae and Freddie Mac. This news was surprising to not that many people as the takeover was inevitable.
Freddie Mac and Fannie Mae were the largest provider of U.S mortgage securities. Their business model involved [...]

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