Former Fannie Mae executives Daniel Mudd and Robert Levin testified today in front of the congressionally chartered Financial Crisis Inquiry Commission regarding the mortgage meltdown of 2008, the Associated Press reported. Panel members are asking what Mudd and Levin knew and when did they know it.

When the housing bubble burst two years ago and Fannie …

Continue reading The Mortgage Debacle of 2008: Who’s To Blame?