Volume 14 - Number 5
March 12, 2010
Downloads Available: View the attached file (in pdf format)
Mortgage Credit Guarantors Swamped by Losses
Companies in the business of guaranteeing mortgage credit suffered a monumental $98.56 billion in net losses during 2009, according to a new Inside Mortgage Profitability analysis. As bad as that sounds, it actually represented an improvement from the year before. Fannie Mae, Freddie Mac and the six still-functioning private mortgage insurers reported a combined... [Includes one chart and one graph]
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