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Q.

Government to Announce New Loan Aid Effort- AP
The federal government and the mortgage industry are announcing a new effort Tuesday afternoon to streamline the process of modifying loans held by mortgage finance companies Fannie Mae and Freddie Mac. The Federal Housing Finance Agency, which seized control of the two companies in September, scheduled a press conference for 2 p.m. EST.

Asked by ADVANI, 11 Nov '08 10:34 pm
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Answers (2)

1.

All govt.s acts very slow nothing will happen its all gimmik just short sell if US closes red tonight
Answered by Somnath PaulChoudhury, 11 Nov '08 10:37 pm

 
  
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2.

May be of some help to the ailing financial sector.
Answered by Damodar Biswal, 11 Nov '08 10:38 pm

 
  
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