Fannie, Freddie Backstop May Foreshadow Mortgage Forgiveness

``The U.S. Treasury Department’s expansion of its capital backstops for Fannie Mae and Freddie Mac may foreshadow a shift in the government’s mortgage- modification tactics, Keefe, Bruyette & Woods analysts said.'' -- Seems to be the only way out; surely the banksters know by now that trial/temporary loan mods only kick the can down the road for them...