Fannie, Freddie and You...Oh, My!

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Real Estate Agent with Century 21 In the Mountains

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.

 

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Rainmaker
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Steve Loynd
Alpine Lakes Real Estate Inc., - Lincoln, NH
800-926-5653, White Mountains NH

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

Jul 16, 2008 01:49 AM #1
Rainmaker
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Kim Southern- "Sold" with Southern Hospitality
Century 21 In the Mountains - Ellijay, GA
Greetings from the North Georgia Mountains!

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

Thanks for stopping by!

 

Jul 16, 2008 01:57 AM #2
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Rainmaker
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Kim Southern- "Sold" with Southern Hospitality

Greetings from the North Georgia Mountains!
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