Fannie, Freddie and the Secrets of a Bailout With No Exit

May 20, 2016 By GRETCHEN MORGENSON    When Washington took over the beleaguered mortgage giants Fannie Mae and Freddie Mac during the collapse of the housing market and the financial crisis of 2008, it was with the implicit promise that they would be returned to shareholders after being nursed back to health. But now, with the … More Fannie, Freddie and the Secrets of a Bailout With No Exit

Freddie and Fannie Sell Your Home Loans to Vultures for Pennies on Dollar: Vultures Pick the Bones of Distressed US Homeowners

Jan 26, 2016 by findsenlaw Freddie Mac Kicks Off 2016 with Largest Ever Delinquent Loan Auction article here: The transaction announced on Friday is Freddie Mac’s third bulk NPL sale worth more than $1 billion. The previous two were worth $1.1 billion each. Overall, it will be Freddie Mac’s ninth bulk Standard Pool Offering (SPO) … More Freddie and Fannie Sell Your Home Loans to Vultures for Pennies on Dollar: Vultures Pick the Bones of Distressed US Homeowners