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Fannie Mae's latest attack on home owners.

  • Writer: Jesse Ledbetter
    Jesse Ledbetter
  • Jan 13, 2023
  • 1 min read

Reader's of RVAValues.com would do well to give your attention to the well written article by Jeremy Baggott on AppraiserBlogs.com.


"But while no one was looking, the twins – who wield the full faith and credit of the U.S. government – began quietly offloading this surplus risk in the form of so-called “credit-risk transfers.” The U.S. taxpayer should be worried. As the public learned in 2008 with AIG’s credit-default swaps, hidden risk injected into the financial system doesn’t stay hidden for long."


 
 
 

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