(Bloomberg) -- Fannie Mae and Freddie Mac, the once-
derided white elephants of the mortgage market, are benefiting
from the subprime lending debacle and trampling just about
anything in their way.
The government-chartered companies, the biggest source of
money for Americans buying houses, accounted for 46.9 percent of
all mortgage bonds sold through April, newsletter Inside
Mortgage Finance says. Their share rose from a record low 37.3
percent in last year's second quarter.
Read more at Bloomberg Bonds News
derided white elephants of the mortgage market, are benefiting
from the subprime lending debacle and trampling just about
anything in their way.
The government-chartered companies, the biggest source of
money for Americans buying houses, accounted for 46.9 percent of
all mortgage bonds sold through April, newsletter Inside
Mortgage Finance says. Their share rose from a record low 37.3
percent in last year's second quarter.
Read more at Bloomberg Bonds News
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