Home : Blogs : Art Blanchet - Stranger in a Warm Land : YourHome-YourMoney.com Blog - Madison, Wisconsin Real Estate Lending

Who is FREDDIE MAE and What Have They Done With FANNIE?!? - Yahoo BooBoo-Part 2

From Ike-Watch Central

Sebastian, Florida

YAHOO was SO excited about the scoop! They called their friends from all over, including the Freddie family, both Freddie Mac AND Freddie Mae.

Yup, good ole FREDDIE MAE. But what has happened to Fannie? Could it be both Fannie and Freddie have been the same person all along?!? Well, since the US Govt will be taking over the operations of these flailing mortgage giants, might as well be. It won't be long until they are one and the same, probably with a name like Uncle Sammie Mae or Bushie Mae or even DIS-MAE.

Oddly enough, my wife - whose name is Lottie Mae - didn't get a mention. Guess she's from the wrong side of the family.

Great story about a couple of soon-to-be-unemployed CEOs and the future of the mortgage industry ensues. Read it below and here: http://www.yahoo.com/?r36=1220668157

Yahoo got a little excited.

A little detail in crude yellow highlights:

Posted by Art Blanchet - Stranger in a Warm Land on 09/05/2008 10:43 PM

Comments (5)

Freddie, Fannie, Et Al in the ActiveRain Channel

fannie mae, freddie mae, freddie mac, art blanchet

Post is included in group: Dead Rainers Society
Post is included in group: POINTLESS REMARKS - We're the group your Mother warned you about!
Post is included in group: The Activerain Bronze Star Hall of Fame

5 Comments on Who is FREDDIE MAE and What Have They Done With FANNIE?!? - Yahoo BooBoo-Part 2

SEP

2008

Hi Art,

Very nice to see you again.....:) Can you imagine getting a severance pay like some of these CEO's have gotten for failing at their jobs. Wish we had something like that in Real estate.......... LOL :) I'll vote for the Sammie Mae name......if we get a vote :)