Freddie Mac offers $20 billion aid to help loan market as foreclosures mount - Instablogs
Freddie Mac offers $20 billion aid to help loan market as foreclosures mount
Balendu , Delhi: Sep 9 2008
Made Popular Sep 9 2008
Mortgage finance giant Freddie Mac has decided to buy as much as $20 billion in mortgages to help borrowers with high-priced loans stay on their survival course. Freddie Mac, the US mortgage finance provider, said that it would offer backing for up...
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Tags: Subprime mortgage Crisis, Freddie Mac, Housing Finance Market, Business
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