Susan Wachter, a real estate professor at the Wharton School at the University of Pennsylvania, talking with Bloomberg's Lori Rothman on March 23rd of last year says that the foreclosure crisis is still a major threat to our country's economic recovery.

She also states clearly that, "Without Fannie, Freddie and FHA, there would simply be no (mortgage) market."

Comments: Be the first to add a comment

add a comment | go to forum thread