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Jim Van Meerten » Comments » FNM

  • It's the Subprime Fiasco All Over Again [View article]
    User 510668 is correct that the FIRST defaults are paid for out of insurance premium but as with FDIC, Fannie Mae and Freddie Mac whne the fund is depleted it is "refreshed by the taxpayers. How stable do you think the HUD default fund is?
    Nov 10 12:10 pm |Rating: 0 0 |Link to Comment
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