1. myp

    SEC sues former Freddie, Fannie CEOs
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    Fannie Mae looks for $5.1 billion more

    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)...
  3. myp

    Barney Frank: abolish 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: I...