Mexico City My money says that if Treasury Secretary Geithner is designated to make the announcement on the Administration’s future plans for the housing finance mortgage guarantors Fannie Mae and Freddie Mac, it should be understood as a message directly to Wall Street and the housing industry, and therefore indirectly to the Republicans and the …
Tag: fannie may
Fannie Mae New Purchase Bar: Bark not Bite
Phoenix OK, let me try and get this straight. Fannie Mae (with its housing finance partner Freddie Mac) is already bailed out to the level of about 200+ billion with some estimates that the final federal bailout bill will hit almost $400 billion, right? Most of that is a transfer of their bailout money over …