Tuesday, July 15, 2008

Fannie and Freddie for Dummies

Fannie Mae and Freddie Mac, the country’s biggest mortgage backers, are desperate. Their stocks down more than 70% a piece since the beginning of the year and their collective losses amount to $12 billion since last summer. The government has finally agreed to step in. How does it impact you?

read more | digg story

1 comment:

Amanda Beals said...

Thanks for linking! Hope you enjoyed the article.

Best,
Amanda Beals/mainstreet.com

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