FannieIt is looking more and more likely that the taxpayer will pick up the tab for the all-but-inevitable bailout of Fannie Mae and Freddie Mac. Is that a bad thing? And, just how much blame do these two institutional giants bear for the current crisis in the lending industry?

 

New York Times columnist Paul Krugman captures the essence of the debate in his July 14, 2008 column, Fannie, Freddie and You.

 

 

2 Comments on Fannie, Freddie and You...Oh, My!

Kim , If we bail out the Mortgage industry can I take the tax deduction "as mortgage interest paid" next year ? :) someone had to say it! Steve

07/16/2008 08:49 AM by Steve Loynd, Alpine Lakes Real Estate Inc., Loon Mt, NH.


Steve: LOL!! I think that's only fair!!

Thanks for stopping by!

 

07/16/2008 08:57 AM by Kim Southern - Blue Ridge Real Estate (Century 21 Professional Realty Group)


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Real Estate Agent: Kim Southern - Blue Ridge Real Estate (Century 21 Professional Realty Group)
Kim Southern - Blue Ridge Real Estate
Blue Ridge, GA
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Century 21 Professional Realty Group

Office Phone: (706) 632-2041
Cell Phone: (404) 435-6470
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