2010-09-15 — thetruthaboutmortgage.com
The Federal Housing Finance Agency (FHFA) released data yesterday on Fannie Mae and Freddie Mac, comparing credit quality and performance of the loans they acquired (from 2001-2008) versus loans financed with private-label mortgage-backed securities.
As you can see, Fannie and Freddie’s loans were of much better quality, and performance followed suit.
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