UK Mortgages rates and deals

September 8, 2008

Concerns prompting bailout of loan titans

Filed under: Mortgages — Denis Green @ 7:11 pm

WASHINGTON – The Bush administration yesterday prepared to take over the troubled housing finance companies Fannie Mae and Freddie Mac, after concluding the companies don’t have enough capital to continue to play their crucial role funding home mortgages.

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Powered by WordPress