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The End of Fannie Mae – The Wall Street Journal

By
Real Estate Broker/Owner with Selley Group Real Estate, LLC

Businessman Punting

Talk about trying to maintain field position in the economic game of real estate.  Punting on 4th down with 8 yards to go seems to be the position with which the Obama Administration is left to deal with the magnitude of problems facing them.

http://online.wsj.com/article/SB10001424052748704657104576141891006477826.html

All in all, good article regarding content, but one is left scratching his or her head about what this really means, in terms of concrete resolution.

Feel free to contact Colorado Springs CO Realtors at Selley Group Real Estate, LLC:  2139 Chuckwagon Rd, Ste 210 - Colorado Springs, Colorado 80919 - 719. 598. 5101

Portions of this article are written by Gordon, as framed by the expressed opinions of Cherise, but not proofread.

Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Gordon and Cherise, I read an article about the Obama Administration’s plan to dismantle Fannie and Freddie. While I clearly do not have the answers – I do not know what to make of it either. We all await the unfolding of what is next to come.

Feb 15, 2011 07:21 AM
Cherise Selley
Selley Group Real Estate, LLC - Colorado Springs, CO
Colorado Springs Realtor

Kathleen,

A day at a time, for sure... g

Feb 15, 2011 07:31 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Gordon,

Interesting development, there is so much to handle with all of this.  Hopefully it will unravel for all of us in the best of fashion.  A

Feb 15, 2011 07:57 AM
Cherise Selley
Selley Group Real Estate, LLC - Colorado Springs, CO
Colorado Springs Realtor

Alexandra,

What a complex mess.  Hopefully, some new innovative lending ways can be unleashed... g

Feb 15, 2011 08:04 AM