Washington is working feverishly to pass a bailout package… In spite of all this economic turmoil, many homes went pending and closed last week. One thing that caught my eye …
Articles for September, 2008
Why we need Fannie Mae
How the dream of home ownership become a nightmare for so many. The seeds of this disaster might be traced back to a cost-saving measure that is likely to cost taxpayers over 200 billion. There may be a lesson here…
Fannie Mae and Freddie Mac Takeover: Good and Bad
The Fannie Mae and Freddie Mac government takeover - good or bad? Is there a down side to the government’s action? What is the mission and role of these companies?