Cost of rescuing Fannie and Freddie is expected to hit $154 billion
Bailing out Fannie Mae and Freddie Mac could require an additional $124 billion, but the amount likely will be about $19 billion, making the total price tag $154 billion, according to the U.S. Federal Housing Finance Agency. The regulator of Fannie and Freddie said the amount might soar to $259 billion if the nation slips into a double-dip recession.
John Massey in Mortgage Default Industry from LinkedIn.com
John M.
Principal at AcQuity Investments
Greater Minneapolis-St. Paul Area
View profile Add to network Send message
Showing posts with label spend money. Show all posts
Showing posts with label spend money. Show all posts
Sunday, October 24, 2010
Subscribe to:
Posts (Atom)