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View Full Version : Geithner Says Fannie, Freddie Should Cut Principal in Some Cases - Bloomberg



NewsWhore
03-28-2012, 04:30 PM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFtUdqxK_HB0qTb9v8UqGfaO64eYw&url=http://www.bloomberg.com/news/2012-03-28/geithner-says-fannie-freddie-should-cut-principal-in-some-cases.html)


Geithner Says Fannie, Freddie Should Cut Principal in Some Cases (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFtUdqxK_HB0qTb9v8UqGfaO64eYw&url=http://www.bloomberg.com/news/2012-03-28/geithner-says-fannie-freddie-should-cut-principal-in-some-cases.html)
Bloomberg
At the end of last year 12.1 percent of mortgages were delinquent or in foreclosure, compared with 12.4 percent a year earlier, according to the US Office of the Comptroller of the Currency. Fannie Mae and Freddie Mac, the mortgage finance companies ...

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