3 items | 1 visits
philevans89 's List: Mortgages
-
-
In moving, even tentatively, into this new area of lending, Fannie Mae is taking on significantly more risk, which may not pose any difficulties during flush economic times. But the government-subsidized corporation may run into trouble in an economic downturn, prompting a government rescue similar to that of the savings and loan industry in the 1980's.
-
'If they fail, the government will have to step up and bail them out the way it stepped up and bailed out the thrift industry.''
-
1 - 3 of 3
20 items/page
List Comments
(0)
List Info