fannie

http://www.reuters.com/article/2011/12/16/us-fannie-freddie-sec-idUSTRE7BF16F20111216

The mortgage GSE is back for more as Fannie Mae said it will be asking for another $5.1 in support from taxpayers. The giant also announced recently a net loss of over 5 billion on the last quarter. This $5 billion request is just anothe rin a line of a lot of money given to Fannie (and Freddie)...

Democrat Congressman Barney Frank recently called for an abolition of Fannie Mae and Freddie Mac, the government sponsored mortgage giants. He said that a new approach to housing finance is needed. link: http://finance.yahoo.com/news/Rep-Frank-Abolish-Fannie-Mae-apf-2556602798.html?x=0 I...