Real estate blog entries tagged with fannie mae freddie mac government takeover by Real Living Lifestyles Real Estate

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Home : Blogs : Rich Johnson : Hot On San Diego Real Estate Blog : Tag "fannie mae freddie mac government takeover"

fannie mae freddie mac government takeover: Government Bailouts Increase Buying Power for Homeowners - 09/19/08 04:14 PM

One of the most important functions of our Government is to help individuals and corporations when they are in trouble.
Last Sunday, our Government made a strategic decision to officially bail out Fannie Mae and Freddie Mac. The decision is obviously great news for the two mortgage giants, and homebuyer-hopefuls should be just as excited – you’re going to benefit, too!
Although the bailout is a complicated issue, it is better than the alternative – the failure of two companies that own or guarantee about $5 trillion in home loans!
A complete failure of Fannie Mae and Freddie Mac could … (0 comments)

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Rich Johnson

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