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By Suzanne Kapner
Published: March 22 2010 22:43 | Last updated: March 22 2010 22:43
On shaky foundations: a severe case of subsidence in Detroit, also among the US cities worst hit by the collapse in house prices. The end of the bubble reduced private mortgaage financing, adding to the burden on federal home loan agencies
Their nicknames are affectionate and they have long been known as the kindly siblings that help millions of Americans to buy a home. But Fannie Mae and Freddie Mac, just like many of their mortgage holders, have fallen on hard times. The government helped out with a multi-billion dollar rescue but now wants them back on their own feet "“ and that is turning out to be the trickiest part of all.
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