1 Articles match "Accounting","Sales","UBS"
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Long-Term Solution for Fannie and Freddie Dilemma
If Fannie Mae and Freddie Mac collapse the result would be the wholesale destruction of the national mortgage system; a virtual halt to home sales because few local mortgages would be available; soaring interest rates because few loans would be available and a level of losses throughout the economy unseen since the Great Depression. Under enormous political pressure, both Fannie Mae and Freddie Mac allowed that they would agree on a "voluntary" basis to abide by SEC accounting standards. Long-Term Solution for Fannie and Freddie Dilemma By Peter G. Miller
www.realtytrac.com
- Tuesday, February 3, 2009
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The Best from RealtyTrac
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MORE
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Long-Term Solution for Fannie and Freddie Dilemma
If Fannie Mae and Freddie Mac collapse the result would be the wholesale destruction of the national mortgage system; a virtual halt to home sales because few local mortgages would be available; soaring interest rates because few loans would be available and a level of losses throughout the economy unseen since the Great Depression. Under enormous political pressure, both Fannie Mae and Freddie Mac allowed that they would agree on a "voluntary" basis to abide by SEC accounting standards. Long-Term Solution for Fannie and Freddie Dilemma By Peter G. Miller
www.realtytrac.com
- Tuesday, February 3, 2009