Freitag, 4. Februar 2011

Obama aims for sharp drop in gov't-backed mortgages (Reuters)

Home owners Jesse Fernandez (R) and his brother Joel Fernandez (C) speak with a Freddie Mac representative as they try to get a home loan modification during The Neighborhood Assistance Corporation of America event in Phoenix, Arizona, February 4, 2011. REUTERS/Joshua Lott (UNITED STATES - Tags: BUSINESS)Reuters - The Obama administration has plans to reduce the role of government backed mortgages, including Fannie Mae and Freddie Mac to less than 50 percent of the market from a dominant role today, CNBC reported on Friday.


Source: http://us.rd.yahoo.com/dailynews/rss/personalfinance/*http://news.yahoo.com/s/nm/20110204/pl_nm/us_usa_housing

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