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发帖数: 8144 | 1 The cost of fixing Fannie Mae and Freddie Mac, the mortgage companies that
last year bought or guaranteed three-quarters of all U.S. home loans, will
be at least $160 billion and could grow to as much as $1 trillion after the
biggest bailout in American history.
Fannie and Freddie, now 80 percent owned by U.S. taxpayers, already have
drawn $145 billion from an unlimited line of government credit granted to
ensure that home buyers can get loans while the private housing-finance
industry is moribu |
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