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, 24 May 2012 00:59:02 +0000 hourly 1 http://wordpress.org/?v=3.3.2 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: payplan http://20somethingfinance.com/what-is-fannie-mae-freddie-mac-why-should-i-care/comment-page-1/#comment-528 payplan Mon, 15 Sep 2008 22:30:46 +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 17:58:06 +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 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

]]>