Fannie and Freddie Guarantee Bigger Losses
Dec 10, 2014•12 min
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Episode description
* U.S. Taxpayers will be forced to guarantee mortgages with 3% down
* Qualifiers are low-income or have not owned a home for 3 years
* Government is spinning this as "prudent"
* Buyers have very little skin in the game
* If real estate prices plummet, walking away is an easy choice
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