Payroll Tax Cut Funded by Fannie Mae, Freddie Mac and FHA
Tuesday, December 27th, 2011The Payroll tax cut is going to be paid by borrowers who refinance or purchase a home through one of the government finance vehicles like Fannie Mae, Freddie Mac or FHA. Just about everyone in Congress and the Obama administration say they would like to wind down the government’s near-monopoly of the mortgage market, but [...]