by Greg Diodati
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by Greg Diodati
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Taxpayers’ bill for keeping the nation’s two largest mortgage firms afloat could more than double between now and 2013 should market conditions deteriorate further, according to the companies’ regulator. The Federal Housing Finance Agency (FHFA) released projections Thursday of how much money Fannie Mae and Freddie Mac might need over the next three years from the federal government to continue financing mortgages. Projections are based on three separate economic scenarios.
Read the full story here on DSNews:
Price Tag for Fannie and Freddie Bailout Could Double: FHFA.
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