Fannie Mae And Freddie Profiting From Suing Banks
Fannie Mae / Federal National Mortgage Association (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) are probably not long for this world, having taken a lot of the blame (deserved or not) for the financial crisis that we’re just now recovering from, but in the meantime they are making a decent profit suing banks that sold the two entities mortgage-backed securities that turned out to be . . .
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