Hormiguero_IHB New member Jul 8, 2008 #1 So, what effect do we see in terms of this on the local real estate market? Doesn't Indymac have an absolutely gigantic inventory of mortgages in Irvine? And what happens if the equity in FRE and FNM totally evaporate?
So, what effect do we see in terms of this on the local real estate market? Doesn't Indymac have an absolutely gigantic inventory of mortgages in Irvine? And what happens if the equity in FRE and FNM totally evaporate?