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Loan Modification

: Mortgage Lender Implode-o-Meter

History Repeats Itself: Wall St. Wants a Part of Fannie and Freddie?s Gov?t-Guaranteed Deal

By Implode-Explode Heavy Industries

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"As the White House considers how to reform troubled mortgage giants Fannie and Freddie, some of the nation?s largest banks have piped up with their own suggestion. The New York Times reports that banks are suggesting that they be allowed to take over some of Fannie and Freddie?s work of issuing securities backed by a government guarantee."

Full post as published by Mortgage Lender Implode-o-Meter on January 21, 2011 (boomark / email).

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