Have you seen the headline, "Loan Giant Overstated the Size of Its Capital Base" - 09/07/08 12:41 AM
Frankly, I am disappointed to say the least, about the above headline, "Loan Giant Overstated the Size of Its Capital Base."  Once again, the Government will have to clean up this fiasco. According to the authors, Gretchen Morgenson and Charles Duhigg, "The cost of the government's intervention could rise into tens of billions of dollars and will probably be among the most expensive rescues ever financed by taxpayers." 
Yes, it's Fannie Mae and Freddie Mac!  You might have been holding your breath!
This article is very reveting, and a must read for financial and real estate practitioners alike.  Where do we go from here?  If … (2 comments)

 
C. Lloyd McKenzie, MBA - ALLSTAR REALTY -- Your Home Sold in 59 Days or Less... (Empowering Buyers & Sellers in Albuquerque and Rio Rancho NM) Rainmaker_large

C. Lloyd McKenzie, MBA - ALLSTAR REALTY -- Your Home Sold in 59 Days or Less...

Albuquerque, NM

More about me…

Empowering Buyers & Sellers in Albuquerque and Rio Rancho NM

Address: 7001 Prospect Place NE Suite 200, Albuquerque, NM, 87110

Office Phone: (505) 888-1700

Cell Phone: (505) 750-8552

Email Me

Albuquerque and Rio Rancho, New Mexico are among the most stable real estate markets in the United States. This has caught the attention of the national media. As such, it is incumbent on local Realtors to provide information about our cities for those interested in investing, relocating, or visiting. My goal with this blog is to highlight issues or topics in real estate, and where appropriate apply them to the local markets.


Listings

Links

Archives

RSS 2.0 Feed for this blog