In the years since the government modified its agreement with Fannie Mae and Freddie Mac to sweep all the profits from the GSEs into the government’s coffers, many observers questioned whether the so-called “Third Amendment sweep” was even necessary. Now, a series of now-unsealed depositions show that not only were Fannie and Freddie on track to be profitable for at least 10 years, the government allegedly knew that fact, and more, before choosing to sweep away the GSEs’ profits.
from Byrd Mix http://ift.tt/1RRZT5v via byrd memphis developer
from Tumblr http://ift.tt/1VnLcds
No comments:
Post a Comment