Fannie Mae-No Politics (FNMA)

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May be people missed this news at 2.29pm
US: House Committee on Oversight and Govt Reform released CBO report "concluding
that implementing principal reduction programs for underwater mortgages backed
by Fannie Mae (FNMA:$0.8019,$-0.0251,-3.04%) and Freddie Mac (FMCC:$0.802,0$-0.008,0-0.99%) could save U.S. taxpayers billions of dollars by
avoiding unnecessary defaults, help homeowners avoid foreclosures and remain in
their homes, and stimulate some additional growth across the economy." See
emocrats.oversight.house.gov/images/stories/CBO report -
PrincipalForgiveness.pdf