"Fannie Mae's CEO told shareholders Tuesday that the housing market is 'about halfway through' its crisis and home prices could fall as much as 25% before the worst is over.
The largest U.S. buyer and guarantor of home mortgages will be able to weather the downturn and expand its business, Fannie Mae's president and CEO, Daniel Mudd, said as he and other top executives faced shareholders at an annual meeting in New Orleans."
Click below to read more...
Fannie Mae: Housing prices to plummet as much as 25%
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment