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US Government takes over mortgage giants
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Beginning of the End? Freddie / Fannie in Big Trouble
More bad news out of the US:
Fannie and Freddie: A Run on the Bank?
Fred W. Frailey
Kiplinger
July 12, 2008
Full article at http://www.kiplinger.com/columns/pic...8/pick0711.htm
What do you guys think?... -
Fannie Mae and Freddie Mac
Fannie Mae, Freddie Losses Make Them `Insolvent,' Poole Says
By Dawn Kopecki
July 10 (Bloomberg) -- Borrowing at Fannie Mae, the U.S. government-sponsored mortgage company, has never been so expensive and it may not get better any time soon.
Fannie Mae paid...
