Critics: New Fed Mortgage Plan Insufficient

Fannie Mae/Freddie Mac

AP: “The plan focuses on loans Fannie and Freddie own or guarantee. They are the dominant players in the U.S. mortgage market but represent only 20 percent of delinquent loans.”

WSJ: “The response intensifies an already fraught debate over the government’s approach to the mortgage crisis.”

TIME: “The details of how, exactly, monthly payments will be lowered has raised concern in certain quarters.”

Related Topics: News, The Page
  • Tweets

    View More Tweets From @TIME

Follow

Get every new post delivered to your Inbox.

Join 246 other followers