Mortgage Giant Places Bets Against Homeowners | WAMU 88.5 - American University Radio
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Mortgage Giant Places Bets Against Homeowners

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NPR and ProPublica have found that Freddie Mac, the giant government-owned mortgage company, has been placing financial bets against homeowners. Specifically, Freddie Mac has made targeted investments that pay off if homeowners are unable to refinance their mortgages. At the same time, Freddie has been making it harder for many homeowners to get new loans.
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