Oh Wait, the Freddie/Fannie Scam is Now Unlimited

Update: Go read Numerian. Per Bloomberg: The U.S. Treasury Department will remove the caps on aid to Fannie Mae and Freddie Mac for the next three years, to allay investor concerns that the companies will exhaust the available government assistance. The two companies, the largest sources of mortgage financing in the U.S., are currently under … Continue reading Oh Wait, the Freddie/Fannie Scam is Now Unlimited