Fannie mae and you will Freddie Mac computer guarantee costs away from principal and you can desire to help you people into funds one to standard, to form allegedly reasonable-chance resource alternatives that energy financing on the housing market.

(pick Cardiovascular system to possess Public Integrity function on top subprime loan providers and the banks trailing this failure) Fannie mae and you will Freddie Mac first started toning their needs to the to purchase riskier funds. Continue reading →