Are Fannnie Mae and Freddie Mac doing more harm than good?

November 27, 2008 by Admin · Leave a Comment 

Looks like Fannie Mae and Freddie Mac have decided to play Santa Claus this year. The two mortgage giants have decided to freeze all of their foreclosures that are scheduled to happen between now and the new year. “The two companies say they will halt foreclosure sales between Nov. 26 and Jan. 9, while they [...]

Fannie May and Freddie Mac Takeover (Socialization)- What does this mean for homeowners?

September 6, 2008 by Admin · 7 Comments 

There’s been quite a few stories this evening about the Fannie Mae/Freddie Mac Takeover(Socialization) this evening.  The first question on many people’s minds is: What Does This Mean To Me? I’m not going to muse on the repercussions of holding their stock (ask the wall street analysts, but it doesn’t look good), but I do [...]