Write Downs Ofa News Today

Current mortgage situation in america is so troubling. now, barney frank is set to retire. the fight here, jenna, is about whether or not to have fannie mae accept more principal write-downs ofa ed dimarco who is the government overseer has said no to that. hes saying, essentially, do more -- lengthen the terms of these loans and keep interest rates low. in fact, fannie mae and freddie mac did not take on the more exotic loans that banks are now writing down the principals for, so even if former...