Real Estate/Development
Mar. 3, 2011
Shutting Lenders Will Hurt Apartments
Which ever way the federal government plans to handle it, the Obama administration's proposal to scrap Fannie Mae and Freddie Mac as backers for the majority of the nation's residential loans is expected to have huge ripple effects through the financial world.
Daily Journal Staff Writer
Whichever way the federal government plans to handle it, the Obama administration's proposal to scrap Fannie Mae and Freddie Mac as backers for the majority of the nation's residential loans is expected to have huge ripple effects through the financial world.
But some of worst pain of phasing out the government-sponsored enterprises, legal observers say, could be felt by the two dozen ...
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