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Ailing US lending giants Fannie Mae and Freddie Mac are to receive further government support, the treasury announced on Christmas Eve.
According to a report in the Wall Street Journal, the US$200 billion the government has already pledged to each institution will be increased over the next three years to keep them solvent.
Every US household has already effectively been stung $3,800 to keep both firms afloat.
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A former broker head has returned to MyState Bank to tackle turna...
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The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
What's the longest time you've been left on hold before getting through to a credit assessor?
