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« More Real Estate Insight from Forbes.com | Main | Zillow adds a new feature to their site... Bad News » May 06, 2008More Concerns About the MortgagesDoubts Raised on Big Backers of Mortgages
If you’re looking for some serious insight into how the mortgage business works, the NY Times does a nice job of exploring the roles of the quasi government agencies of Fannie Mae and Freddie Mac. The stories points out that there’s a lot of concern about the strength of the two largest mortgage buyers around. Currently the two agencies handle more than 80 percent of all mortgages bought by investors in Q1. Posted by Jeff Brooks on May 6, 2008 06:16 AM | Permalink TrackBackTrackBack URL for this entry: |
