Why authorities should stay out of the mortgage company
But in America they’re more inclined to possess the mortgage on your and your neighbours' house. For Freddie Mac and Fannie Mae are two of America's largest financial institutions–and additionally two of its most indebted, with around $ 1 trillion of debt between them.
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Financing:Mortgages in news
Before and during the subprime mortgage and financial disasters, mortgages were discussed daily in news reports. Since that time, the home market has improved, and mortgages have fallen out of favor in the news cycle.
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The post Why governments should stay out of the mortgage business appeared first on The Real Estate News.
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