Treasury Outsourced Foreclosure Bailout: Report
The government's efforts to stem the foreclosure crisis may have been hampered by its reliance on Fannie Mae and Freddie Mac, according to a new report. The two mortgage giants have "a history of profound corporate mismanagement," and were overly reliant on subcontractors, the report by the Congressional Oversight Panel said. Sponsored Links adsonar_placementId=1505951;adsonar_pid=1990767;adsonar_ps=-1;adsonar_zw=242;adsonar_zh=252;adsonar_jv='ads.tw.adsonar.com'; Private businesses "do not take an oath of office, nor... Continue reading Treasury Outsourced Foreclosure Bailout: Report Treasury Outsourced Foreclosure Bailout: Report originally appeared on DailyFinance on Thu, 14 Oct 2010 07:33:00. Filed Under: Company News , Economy , Real Estate , Taxes , Credit Permalink | Tweet this! | Comments
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