On the recordMay 7, 2012
Millions of mortgages are underwater, and Fannie and Freddie continue to lose money at the expense of the American taxpayer.
Source
congress.govMillions of mortgages are underwater, and Fannie and Freddie continue to lose money at the expense of the American taxpayer.
Senator Shelby points out the financial burden on taxpayers due to Fannie and Freddie's losses.
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