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Loan Modification

: Loan Modification & Home Loan News

Dividends From Fannie and Freddie Surpass Aid

By Moe Bedard

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WASHINGTON ? The federal government made a profit of $1.1 billion in the third quarter on its huge bailout of the mortgage finance giants Fannie Mae and Freddie Mac, even as the two companies continued to lose money on bad loans. Fannie Mae reported Friday that it lost $3.5 billion in the third quarter and [...]

Full post as published by Loan Modification & Home Loan News on November 08, 2010 (boomark / email).

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