'Yet another result of economic recession'

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Yet another result of economic recession

06/12/09 10:06

If at 770 billion dollars , the Fannie Gross Mortgage Portfolio has shrank by 12.9 percent then the simple question in my mind is, the company would have made a fortune indeed. We could blame it on economic recession but the writer is quick to point out that it is a result of relative richness of mortgage against agency debt. It sheds light into the major concern of businesses; to register profits.
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