Industry News

Dems: Foreclosure losses could top $100 billion

Report makes case for greater role for Fannie, Freddie
Published on Oct 25, 2007

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by CareyBot

If home prices continue to fall, 2 million subprime mortgages could end up in foreclosure from 2007 through 2009, according to a report by Democrats who want to allow Fannie Mae and Freddie Mac to buy more mortgages. The report, ...