The government, after destroying the economy and housing market through its social engineering, financial corruption, and political favoritism, is telling you to pay up or else.
Government-sponsored mortgage purchaser Fannie Mae is trying to encourage distressed homeowners to find alternatives to foreclosure by banning those who walk away from getting new loans for seven [...]

The failed Freddie Mac, which operates under conservatorship of the U.S. regime, has hired a new CFO at a hefty price. While the Compensation Czar is targeting “excessive compensation” in corporate America, new CFO Ross Kari could receive as much as $5.5 million in his first year at Freddie Mac.
Freddie Mac also said it would [...]