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first time hoembuyer: Fannie Mae and Freddie Mac- profits go to shareholders and losses go to tax payers? - 02/22/11 04:40 PM
WHITE HOUSE PLANS TO WIND DOWN FANNIE AND FREDDIE
 


 
Congress will consider three suggestions.
A fundamental reform for the housing market. For two-and-a-half years, economists and housing industry analysts have wondered what would happen with Fannie Mae and Freddie Mac. On February 11, they got an answer: the Obama administration announced plans to shut down both of the troubled mortgage giants by 2018 or sooner.1
As he met with the press, Treasury Secretary Timothy Geithner cited the "very broad consensus" that the government should play "a much smaller role" in the housing market. Capitol Hill Republicans would … (2 comments)

first time hoembuyer: Rates at record lows and the tax credit brightens the day! - 11/17/09 02:09 PM
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Bill Black CMP CDPE MLO #49242

Vancouver, WA

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Directors Mortgage

Address: 2101 NE 129th Street #219, Vancouver, Wa, 98660

Office Phone: (360) 326-8891

Cell Phone: (360) 910-3290

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