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Tuesday, March 9, 2010

Rep. Barney Frank warns of Fannie, Freddie risks

By Zachary A. Goldfarb
Saturday, March 6, 2010
An influential voice on Capitol Hill has unexpectedly called into question the safety of investing in Fannie Mae and Freddie Mac, raising the specter that investors who have lent money to the two firms or bought their mortgage-backed securities could one day suffer losses.
The comments by Rep. Barney Frank (D-Mass.), chairman of the House Financial Services Committee, forced the Treasury Department to issue a statement Friday reaffirming the government's commitment to the companies, their creditors and their investors.
Posted by SAAB REALTORS at 7:30 AM

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SAAB REALTORS
Vienna, VA, United States
SAAB REALTORS is the Washington DC Metropolitan Area Real Estate Company located in Vienna, VA. The company specializes in Bank Owned / Foreclosures and Short Sale. Licensed in DC, VA, MD since 1987
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