Fannie and Freddie Guarantee Bigger Losses

Published: Dec. 10, 2014, 3:15 a.m.

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\\n\\t* U.S. Taxpayers will be forced to guarantee mortgages with 3% down
\\n\\t* Qualifiers are low-income or have not owned a home for 3 years
\\n\\t* Government is spinning this as "prudent"
\\n\\t* Buyers have very little skin in the game
\\n\\t* If real estate prices plummet, walking away is an easy choice
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