Fannie, Freddie to fund part of plan
The White House is using only $50 billion from the $700 billion financial industry bailout package to fund the foreclosure prevention program, a senior administration official clarified Friday.
| Economy, Business and Finance News Digest |
| Finance | Economy | Money | Financial Market | Stock Market | Central Banks | World Economy | World Finance | News Summary | News Aggregator |
The White House is using only $50 billion from the $700 billion financial industry bailout package to fund the foreclosure prevention program, a senior administration official clarified Friday.