Good Morning...Here is today's market update from the Think Big Work Small Guys. Today the boys cover the Fannie and Freddie issue as to whether they should be done away with, remove the government tag, or make them an agency with in the government. Since Freddie and Fannie are iimplicit guaranteed loans what are the repercussions to privatizing them? Higher risk rates with a drastic drop in lending would be one outcome. As the boys are saying, you can want reform but be careful what you wish for.
Disclaimer: If you prefer reading your news over a cup of coffee in a relaxed atmosphere or your family's sense of humor gene skipped a generation, don't watch the video; these guys talk fast and are high energy.
Have a Great Day
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