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Covering an increasing debt

To cover losses on home loan investments, Fannie Mae and Freddie Mac have borrowed money from the U.S. Treasury to remain solvent. Both companies pay interest back to the government. Under several scenarios, the companies will have to borrow even more to cover losses and increasing interest.

To cover losses on home loan investments, Fannie Mae and Freddie Mac have borrowed money from the U.S. Treasury to remain solvent.

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Fannie Mae, Freddie Mac bailout cost is likely to rise to $154 billion, agency projects
Article | The bailout of Fannie Mae and Freddie Mac is likely to cost taxpayers an additional $19 billion and may cost as much as $124 billion more if the economy starts shrinking again, according to a government projection released Thursday.

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