It’s been a while since Fannie Mae and Freddie Mac, the twin housing corporations wrongly blamed for triggering the subprime mortgage meltdown and now essentially owned by American taxpayers, made headlines. But don’t be fooled: Change is underway at Fannie and Freddie in the wake of the financial crisis.
via Fannie Mae and Freddie Mac Dump Their Foreclosure Barons—for Good | Mother Jones.
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