Real estate blog entries tagged with mortgage news by Oak Valley Mortgage-California Home Loans and Refinancing

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Home : Blogs : Scott Gormley : California Home Loans-Purchases-Refinances : Tag "mortgage news"

mortgage news: The Fannie Mae/Freddie Mac Controversy - 07/17/08 07:56 AM

There has been a lot of talk the past week and a half on Wall Street and through the United States Government about "solvency" issues that Fannie Mae- the Federal National Mortgage Association- and Freddie Mac may be experiencing, the "what if's" were they to collapse without the Government "bailing them out" and the impact it would pose on the existing status of our economy and housing market.
But before we go into those topics....
Who are Fannie Mae and Freddie Mac?
According to the "About Us" page of Fannie Mae's website, "Fannie Mae was created in 1938, under President … (9 comments)

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