Fannie and Freddie's Big Foreclosure Backlog (BusinessWeek)

BusinessWeek - Fannie Mae (fnma.ob.OB) and Freddie Mac (fmcc.ob.OB) are trying to sell their huge backlog of foreclosed homes in an orderly way to avoid flooding the market and depressing prices. As foreclosures mount, though, analysts say the companies may be forced to reconsider that approach.

Source: http://us.rd.yahoo.com/dailynews/rss/highestrated/*http://news.yahoo.com/s/bw/1106b4214044575550

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