| Loss Mitigation General Chat loss mitigation |
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08-10-2011, 08:01 AM
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Did you know that Fannie Mae and Freddy Mac were...
...downgraded today? Will this hurt mortage rates immediately?
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08-10-2011, 03:13 PM
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I wonder what S&P (which is apparently Infallible and Omniscient) rated Fannie Mae and Freddie Mac before the 2008 bailouts.
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08-10-2011, 04:36 PM
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That would only affect bonds and stocks issued by Fannie and Freddie, not loan contracts.
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08-11-2011, 01:05 AM
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I hope so! Then all you crybabies can live in the street like me!
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