I read this article earlier in the week with intentions of digging deeper into the mess of Fannie and Freddie. It is Sunday evening now and I don’t have the energy to dig into this mess…
So I thought I would throw this out to you and see what your opinions are on this. It is a well written article, about a topic that is very confusing and messy to say the least… About all I can come up with is “if Fannie or Freddie were a horse, we would have shot it..”
The country’s two secondary mortgage market companies Fannie Mae and Freddie Mac will no longer have to borrow money from the U.S. Treasury to make their quarterly dividend payments to the federal government….