Fannie shares jumped 18% to 32 cents, while Freddie gained 16% to 36 cents. The companies have lost almost all their market value after slumping house prices and surging mortgage defaults forced the U.S. government to take them over in 2008 . … This scam began not long before the peak of the housing market.. Now, there are many people who have lost jobs which affects credit ratings which allows the insurance companies to raise rates. It seems as though what is happening …

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VACANCIES 'R' US – The Burning Platform, financial collapse …