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Loan Modification

: Mortgage Lender Implode-o-Meter

Fannie Mae & Freddie Mac need to go, better alternatives exist

By Implode-Explode Heavy Industries

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"Fannie Mae and Freddie Mac, two government-sponsored enterprises (GSEs) that buy U.S. mortgages, should be dismantled. Their structure is fundamentally flawed, their existence causes distortions and there are better alternatives."

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

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