Disturbing details in long ProPublica article here.
Podcast here.
Outraged congressman calls for end to the shenanigans.Since 2008 Freddie Mac and sister Fannie Mae have come to own or back a huge number of American mortgages. Their mandate: to help make US housing more affordable. Freddie Mac, along with Fannie Mae, was placed in government conservatorship in 2008 after losing billions of
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