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sokinwet · 03-19-2009, 09:11 AM

Fannie & Freddie are secondary market entities who deal with banks, not consumers. MI is something "banks" require to insure their interest should you default. It is a racket for sure but your anger is misplaced .

03-19-2009, 09:11 AM	#4
sokinwet Registered User iTrader: (0) Join Date: Sep 2003 Location: Rockland, MA Posts: 651	Fannie & Freddie are secondary market entities who deal with banks, not consumers. MI is something "banks" require to insure their interest should you default. It is a racket for sure but your anger is misplaced .