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US extends financial guarantees to mortgage giants (AFP)



The Fannie Mae headquarters in Washington. The US government has pledged virtually unlimited aid to mortgage finance giants Fannie Mae and Freddie Mac through 2012 to allow the government-sponsored firms to weather any new crisis.(AFP/File/Karen Bleier)AFP - The US government has pledged virtually unlimited aid to mortgage finance giants Fannie Mae and Freddie Mac through 2012 to allow the government-sponsored firms to weather any new crisis.

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This entry was posted on Friday, December 25th, 2009 at 10:13 am and is filed under Personal. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

« Mortgage rates inch above 5 percent (AP)
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