30year fixed rate loans: Bad Fannie! Bad Freddie! Bad! Bad!
- 03/04/11 06:32 AM
Bad Fannie! Bad Freddie! Bad! Bad! You got yourselves into a major pickle with all the bad loans you made and we had to pay a lot of money to get you out of your jam. Your punishment? The slow annihilation of your existence. . . At least that's what the New York Times reports today. In an article published this morning, they reported (or reminded me) that Obama AND the Republicans want to see Fannie and Freddie's lovely 30-year fixed rate loans end as we know it. That's because these fixed mortgages offered by Fannie and Freddie are backed by the Federal Government. Then this … (6 comments)
San Francisco Real Estate Expert Offers Local Advice to San Francisco Buyers, Sellers and Owners-- and feeds the dreams of those who wish they could live in Tony Bennet's 'City by the Bay.'
Bad Fannie! Bad Freddie! Bad! Bad! You got yourselves into a major pickle with all the bad loans you made and we had to pay a lot of money to get you out of your jam. Your punishment? The slow annihilation of your existence. . .
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