U.S. to Lose $400 Billion on Fannie, Freddie, Wallison Says
Posted By News Team on December 31, 2009
U.S. to Lose $400 Billion on Fannie, Freddie, Wallison Says - Betty Liu and Matthew Leising
12-31-09 (Bloomberg) – Taxpayer losses from supporting Fannie Mae and Freddie Mac will top $400 billion, according to Peter Wallison, a former general counsel at the Treasury who is now a fellow at the American Enterprise Institute.
“The situation is they are losing gobs of money, up to $400 billion in mortgages ….. Read More
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