1 Articles match "Homes","New York","UBS"

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Long-Term Solution for Fannie and Freddie Dilemma
home mortgages. 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. The huge problems at Fannie Mae and Freddie Mac were supposed to be resolved with new management and revamped accounting, but no resolution could revolve a basic issue: Private mortgage buyers are always at a disadvantage Long-Term Solution for Fannie and Freddie Dilemma By Peter G.
www.realtytrac.com - Tuesday, February 3, 2009
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  • Long-Term Solution for Fannie and Freddie Dilemma
    home mortgages. 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. The huge problems at Fannie Mae and Freddie Mac were supposed to be resolved with new management and revamped accounting, but no resolution could revolve a basic issue: Private mortgage buyers are always at a disadvantage Long-Term Solution for Fannie and Freddie Dilemma By Peter G.
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE