Tuesday, August 30, 2011

..It’s Time to Bring Our Mortgages Home – Your Municipality and Community Venture Fund is the Ideal Investor for Fannie, Freddie & FHA Defaulted Mortgages

..It’s Time to Bring Our Mortgages Home – Your Municipality and Community Venture Fund is the Ideal Investor for Fannie, Freddie & FHA Defaulted Mortgages


Catherine, News & Commentary on August 30, 2011 at 6:08 am ....



By Catherine Austin Fitts (in the first person) and Carolyn Betts



The Administration is now proposing the transfer of significant defaulted mortgages and foreclosed properties held by Fannie Mae, Freddie Mac and the Federal Housing Administration (“FHA”) to large national institutional investors.



A Huge Housing Bargain — but Not for You



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