Hearing the word mortgage these days usually brings people to buckling knees, and sometimes by far worse. According to Moody's Investors Service, two large organizations in the United States mortgage finance market share an immediate term outlook as losses continue to escalate.
Brian Harris, Craig Emrick and Robert Young collaborated and authored a report which noted that bondholders would indeed benefit from the support of the government.
An ultimate resolution is amiss with the government sponsored enterprises, or the GSE now seeing some heavy losses.
Link: Moody’s Says US May Wind Down Fannie, Freddie : Housin
