WTTG Fox 5 News Edge At 6 October 24, 2011
>> the director of the federal housing agency and spear heading the charges that are too upside down to catch up. >> and to be able to take advantage of today's lower rates. >> the program is aimed at fanny may and freddie mac taken before 2009 and they will last and goro -- borrows for 25% or more upside down. they would get lower interest rates. some private mortgage brokers have concerns. >> we're going to make money on it. more loans will do and that is a bad news. >> and that is a critic of the changes. he said the housing market need iss to stabilize on its own without anymore ...