As government-owned entities, Fanny and Freddy must maintain federally mandated affordable housing goals, including affordable 30-year fixed loans, and targets for helping low-income and minority borrowers enter the home ownership marketplace. But now that Fanny and...
Hard to imagine that only a decade after The Great Recession, caused in large party by subprime mortgages, a new and total willful disregard of new and worsening risk factors continues to mount. Repackaged risky subprime loans doubled in the 1st quarter of 2019 over...