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Karl and Jangle this is what I am talking about
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If you can find my post, this is basically what I said:
A key reason for the low rate of principal write-downs is that Fannie Mae and Freddie Mac, which own roughly half of US mortgages, have not reduced the principal for borrowers at risk of foreclosure.
Read more: http://www.jamaicaobserver.com/busin...#ixzz1rr27eunSHey .. look at the bright side .... at least you're not a Liverpool fan! - Lazie 2/24/10 Paul Marin -19 is one thing, 20 is a whole other matter. It gets even worse if they win the UCL. *groan*. 05/18/2011.MU fans naah cough, but all a unuh a vomit?-Lazie 1/11/2015
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