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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.
Retirees have resumed their plans to downsize due to “feeling m...
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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
Do you expect mortgage applications to increase or decrease over Summer?
