DeMarco Thinks He’s Il Duce, Defies Treasury On Principal Reductions

Claims 19,000 Homeowners Will Purposely Default When Write Downs Could Help 1.4 Million AP via The Huffington Post A federal regulator is standing by its decision to bar Fannie Mae and Freddie Mac from reducing principal for borrowers at risk of foreclosure, resisting pressure from the Obama administration. The Federal Housing Finance Agency announced the […]