US takes over Fannie, Freddie

Posted by UK Economy News
In UK financial news
7Sep 08

The US government took over mortgage giants Fannie Mae and Freddie Mac on Sunday, placing them in a "conservatorship" to help avert a financial system meltdown from the housing crisis.
Read full story

No Comments Yet - You can be the first to comment!

Sorry, comments for this entry are closed at this time.

Subscribe to RSS

Syndicate