National

Freddie & Fannie – Again


Freddie Mac, the US-controlled mortgage financier, has requested an additional $6bn from US taxpayers, following a $4.4bn third-quarter loss, the company’s worst three-month performance in more than a year.   MyGovCost.org

Freddie Mac and Fannie Mae, the hybrid semi-private mortgage entities, are issuing seven figure bonuses to some of their executives.  12.79 million dollars in bonuses is expected to be doled out to ten executives.  WashingtonTimes.com  

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