Thursday, Aug 30, 2007

Mortgage revelations continue

FT.com: Freddie Mac profits plunge

Freddie Mac, the US home mortgage lender, on Thursday reported a 45 per cent plunge in second-quarter profits as it was hit by a $320m loss on new mortgages.

Posted by dohousescrashinthewoods @ 07:39 PM (262 views) Add Comment

2 Comments

1. Alan said...

No Probs guys. George Bush has just announced that he will give some support to the sub-primers. Hope his support is better than that given after Katrina.

Friday, August 31, 2007 08:52AM Report Comment
 

2. This comment has been removed as it was found to be in breach of our Blog Policies.

 

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