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Loan Modification

: Mortgage Lender Implode-o-Meter

Democrats reject end to Fannie, Freddie support

By Implode-Explode Heavy Industries

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"Senate Democrats have rejected a Republican proposal to end the government's support of mortgage giants Fannie Mae and Freddie Mac.

The vote was 56-43. Instead, the Senate voted to instruct the Treasury to recommend how the government can end its relationship with the two housing finance companies."

I'm not gonna eat it. You wanna eat it? He won't eat it... He doesn't like it. Hey Mikey!

Full post as published by Mortgage Lender Implode-o-Meter on May 11, 2010 (boomark / email).

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