Underwater Mort Gauges News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Bailout. it would encourage lenders fannie mae and freddie mac to reduce the principle ode on so-called underwater mort gauges. they will reduce the actual principal owed on the loans. but it could cost taxpayers billions of dollars. peter barnes is tracking this story. he s going to walk us through the proposal. the government regulator of fannie and freddie is expected to announce that the mortgage giants will allow limited principal deductions to some homeowners to give them a break on their monthly payment but it looks like this will be backed by the taxpayers. edward demarco has resisted allowing debt forgiveness to limit taxpayer billouts. they have gotten $180 billion so ....

Fannie Mae , Freddie Mac , Underwater Mort Gauges , Peter Barnes , Mortgage Giants , Edward Demarco , Debt Forgiveness , Taxpayer Billouts , 80 Billion , 180 Billion ,