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Freddie Mac Loses $821 Million As Fewer Homeowners Can Pay Loans

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Amanda Lang
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Freddie Mac on Wednesday posted a second-quarter loss more than three-times larger than Wall Street expected as more homeowners fell behind on their mortgages. Congrats America taxpayers! You are officially "slum-lords."
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Amanda Lang Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

OpedNews volunteer from 2005 to 2013.

Amanda Lang was a wonderful member of the Opednews team, and the first volunteer editor, for a good number of years being a senior editor. She passed away summer 2014.

Related Topic(s): Bailout; Credit Crisis; Crisis In Confidence; Dollar Crisis; Freddie Mac; Housing Crisis; Losses; Mortgage Crisis; Taxpayer Rip-Offs, Add Tags

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