fannie mae: Fannie & Freddie, do you know what your kids are doing????
- 02/27/09 12:17 AM
So the government is attempting to bail out the mortgage industry and in so doing has handed Fannie and Freddie untold billions of dollars to "help jump start the housing market". There are untold thousands of foreclosed properties currently on the market for sale but if you were to study these listings state by state you will undoubtedly find that a few real estate brokers in each state hold the lions share of these listings. So much for "spreading the wealth". If these brokers can handle the load without bogging down the process than, "good for them". My experience from the other … (8 comments)
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So the government is attempting to bail out the mortgage industry and in so doing has handed Fannie and Freddie untold billions of dollars to "help jump start the housing market".;)
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