Freddie Mac & Fannie Mae: Uncertainty

I absolutely agree! Why should (we) the tax payers bear the burden. It makes me sick to my stomach, especially the government, with the deficit as large as it is along with the uncertainty of the market from day to day.

I can't stand the fact that Fannie, and Freddie are in this position, but the simple fact is that there really are some private entities that are too big to fail.  This one takes the prize in my opinion, but we were all going along in lock step when the increased loan limits came out, and we all wanted to "prime the pump" for mortgages, and the housing industry by expanding these two.  Now we have a catch 22: let them fail, and watch our industry go down the toilet as there will be virtually no one to buy mortgages, or bail them out, and watch the US Dollar go down the toilet as we double our National debt.  This is a complex issue, and unfortunately, our political leaders probably don't have the ingenuity, or the stomach to fix it.

Ron Brown

First Mortgage Company of Washington

There is a major question should the government even be doing this?  They need to throw some butts in jail! 

Thomas, it scares me too. With the world being occupied by baby boomers trying to retire? What are they going to do? What is this going to do to our economy and how are we going to make it?

Yes sir, it really scares me...I just have to keep selling houses!

Later in the rain~Deb