Fannie Mae and Freddie Mac

Real Estate Agent with Adam Merrick Real Estate

Last night I was able to catch up on the Fannie Mae and Freddie Mac subject.  It seems the Government is stepping up to the plate to give $100 Billion and possible $200 Billion to relieve Freddie Mac and Fannie Mae.  Not to mention they are looking into hiring some new management to supervise and insure this problem never happens again.


What's your thoughts?

Comments (2)

Real estate with a purpose
Our Father's Houses Realty - Easley, SC

Not sure what to think as a taxpayer, but as a REALTOR I am excited about the probability of rates dropping.

Sep 08, 2008 02:07 AM
Betina Foreman
WJK Realty - Austin, TX
Realtor, C.N.E., with WJK REALTY

A rate drop is a great thing. The question is what will it cost us as taxpayers?

Sep 08, 2008 02:13 AM