Prepare To Profit from the U.S. $1 Trillion Budget Deficit [View article]
"Fannie Mae and Freddie Mac loaded up their books with subprime mortgages in 2005-2007"
I don't believe this is true at all. There were stricts limits on the types of mortgages that FNM/FRE could buy and they would not be considered subprime at all. Thus I am leary that the point you make on this is true let alone valid.
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"Fannie Mae and Freddie Mac loaded up their books with subprime mortgages in 2005-2007"
Jul 27 05:23 am
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All Comments by duffsamoa »Prepare To Profit from the U.S. $1 Trillion Budget Deficit [View article]
I don't believe this is true at all. There were stricts limits on the types of mortgages that FNM/FRE could buy and they would not be considered subprime at all. Thus I am leary that the point you make on this is true let alone valid.