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Loan Modification

: Mortgage Lender Implode-o-Meter

Reforming Fannie and Freddie: No Escape for Taxpayers

By Implode-Explode Heavy Industries

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"Arguably the most glaring hole in Congress' financial reform is its utter failure to impose any changes for Fannie Mae and Freddie Mac. Some amendments were offered to tackle the government-sponsored entities, but all were voted down. So the question remains open: what should be done with these troubled firms? One proposal comes from Georgetown Professors Donald B. Marron and Phillip L. Swagel..."

Full post as published by Mortgage Lender Implode-o-Meter on May 29, 2010 (boomark / email).

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