Mortgage Giants Agreeable to Rescue Plan, but Its Cost Is Unknown »
Posted By engineer 10 months ago in Business & FinanceFannie Mae and Freddie Mac agreed on Saturday afternoon to the Bush administration' s plan to rescue them, people briefed on the plan said. Under the plan, the Treasury Department will buy billions of dollars in new mortgage securities issued by the companies and inject an unknown amount of capital into them in quarterly installments, according to these people.
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engineer
Hi My background is Biomedical engineering with an MBA As you know from all my comments where I almost stand politically. I have loads of ...
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