Comments on: What is Fannie Mae & Freddie Mac? Why Should I Care? http://20somethingfinance.com/what-is-fannie-mae-freddie-mac-why-should-i-care/ Personal Finance Blog for Young Professionals Thu, 29 Jul 2010 23:56:16 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Ki http://20somethingfinance.com/what-is-fannie-mae-freddie-mac-why-should-i-care/comment-page-1/#comment-566 Ki Tue, 23 Sep 2008 00:01:52 +0000 http://20somethingfinance.com/?p=235#comment-566 Although currently the largest bailout in history the Fannie Mae / Freddie Mac seems like small fries compared to the 700 billion bailout they are currently planning for the banks carrying all the bad debt. Although currently the largest bailout in history the Fannie Mae / Freddie Mac seems like small fries compared to the 700 billion bailout they are currently planning for the banks carrying all the bad debt.

]]> By: Charles http://20somethingfinance.com/what-is-fannie-mae-freddie-mac-why-should-i-care/comment-page-1/#comment-558 Charles Sat, 20 Sep 2008 22:20:54 +0000 http://20somethingfinance.com/?p=235#comment-558 Democrats created the Fannie Mae and Freddie Mac problems years ago. They stopped ALL eforts at reform until it was too late. Now they are trying to blame Bush, McCain and Republicans, everyone but themselves. That's the Gods truth and here is the proof: http://strategicthought-charles77.blogspot.com/2008/09/democrats-created-fannie-mae-and.html Democrats created the Fannie Mae and Freddie Mac problems years ago. They stopped ALL eforts at reform until it was too late. Now they are trying to blame Bush, McCain and Republicans, everyone but themselves. That’s the Gods truth and here is the proof:
http://strategicthought-charles77.blogspot.com/2008/09/democrats-created-fannie-mae-and.html

]]> By: payplan http://20somethingfinance.com/what-is-fannie-mae-freddie-mac-why-should-i-care/comment-page-1/#comment-528 payplan Mon, 15 Sep 2008 21:30:46 +0000 http://20somethingfinance.com/?p=235#comment-528 According to Bush Fannie & Freddie going under would cause "an unacceptable risk" to the economy. Why? The two companies account for nearly HALF of the outstanding mortgages in the United States. And today the news of Lehman Brothers filing for Chapter 11 is another huge blow. Our global economy is fragile at the moment and we're paying the price of nearly 20 years of stability and greed. Rocky times ahead. According to Bush Fannie & Freddie going under would cause “an unacceptable risk” to the economy. Why? The two companies account for nearly HALF of the outstanding mortgages in the United States. And today the news of Lehman Brothers filing for Chapter 11 is another huge blow.

Our global economy is fragile at the moment and we’re paying the price of nearly 20 years of stability and greed.

Rocky times ahead.

]]> By: Craig Kessler http://20somethingfinance.com/what-is-fannie-mae-freddie-mac-why-should-i-care/comment-page-1/#comment-527 Craig Kessler Mon, 15 Sep 2008 16:58:06 +0000 http://20somethingfinance.com/?p=235#comment-527 Thanks for the great explanation concerning the ongoing issue. Being younger and not quite up to the point where I'm looking to purchase a house I have been confused with the situation and how it could potentially affect me. Is there a time line you think this will continue at till things look up? Craig www.budgetpulse.com Thanks for the great explanation concerning the ongoing issue. Being younger and not quite up to the point where I’m looking to purchase a house I have been confused with the situation and how it could potentially affect me. Is there a time line you think this will continue at till things look up?

Craig
http://www.budgetpulse.com

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