first time hoembuyer: Fannie/Freddie- profit go to shareholders and losses go to tax payers? - 02/22/11 08:40 AM
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 housingindustry 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 agree, pointing to … (2 comments)

first time hoembuyer: Rates at record lows and the tax credit brightens the day! - 11/17/09 06:09 AM
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