Breaking News from Moneynews.com Taxpayer Tab for Fannie, Freddie, Other Housing Bulges by $700 Billion
Increased housing commitments swelled U.S. taxpayers' total support for the financial system by $700 billion in the past year to around $3.7 trillion, due largely to the government's pledges to supply capital to Fannie Mae and Freddie Mac and to guarantee more mortgages to the support the housing market.
Thursday, 22 July 2010
Posted by Britannia Radio at 05:04