Fannie Mae lost $23.2 billion due to large numbers of foreclosure homes that it had guaranteed. It has asked for billions more in funding from the U.S. Treasury.
The link between Goldman Sachs and Senderra goes back to 2005. This is when Goldman Sachs became 'a major investor' in Senderra. Many Senderra employees were not aware of Goldman's tie to their company. It was only stated that there was a major Wall Street investment company who was backing their company.
At least one banker is concerned about saving distressed homeowners from foreclosures and pushing the recovery of the housing market. Find who he is and how would he do this.
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