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313 Posts in 221 Topics- by 3249 Members - Latest Member: omillicentwalshg

July 31, 2010, 02:13:54 PM
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Author Topic: Fannie and Freddie to be bailed out  (Read 1806 times)
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deantx
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« on: September 06, 2008, 12:23:38 AM »
Not sure if anyone saw this since it broke late today.  It looks like Fannie Mae and Freddie Mac may be bailed out over the weekend, completely wiping out shareholders.  Not looking good.

Fannie Mae and Freddie Mac Bailout

Ok, ok, its Friday evening - shouldn't I have better things to do?
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virginiainvestor
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« Reply #1 on: September 10, 2008, 02:52:36 AM »
It may help restore some confidence in the housing sector and perhaps bring down interest rates allowing for more individuals to purchase homes. But the economy is still weak and lending regulations make become stricter as well, leading to minimal change. We can only wait and see.
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mortgagelenderguy
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« Reply #2 on: January 04, 2009, 01:07:55 AM »
The sub-prime mortgage crises was fed by the greed (and sometimes the fear) of management teams to maximize shareholder profits""&qu...

NOT TRUE, IT WAS DONE TO INCREASE BONUSES FOR THE PLAYERS AT THE WALL STREET iBanks.
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