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April 15, 2010

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Home Loan Giants Fannie & Freddie $126 BILLION Loss

by Bob Schwartz

Kenneth Posner, author of “Stalking the Black Swan: Research and Decision-Making in a World of Extreme Volatility,” talks with Bloomberg’s Lori Rothman about Fannie Mae and Freddie Mac. Fannie Mae, the government-backed mortgage company under conservatorship, was toppled by conflict between its mission to foster homeownership and profit demand it faced as a publicly traded company, former regulators said

Escondido California real estate

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