News on Friday, July 11th, shows once again the volitility of our market. Fannie and Freddie are in trouble and facing the possible need for further government assistance.
If you are in the real estate business you need to be aware of what is happening with Freddie and Fannie. I don't completely understand it, but it helped to read this article, "Economic Storm Brews as Fannie, Freddie pushed to the brink" by Rob Lever.
Weigh-in with your thoughts on the situation with Freddie and Fannie. What do you see as a solution?
Is a government take over the best scenario for our nation?
Have we hit bottom or is there more fallout in our future?
I want to read about something positive that will come out of all this.
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