Fannie and Freddie Guarantee Bigger Losses

10/12/2014 12 min

Listen "Fannie and Freddie Guarantee Bigger Losses"

Episode Synopsis



* U.S. Taxpayers will be forced to guarantee mortgages with 3% down
* Qualifiers are low-income or have not owned a home for 3 years
* Government is spinning this as "prudent"
* Buyers have very little skin in the game
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