Fannie and Freddie Bail Out

As global markets rejoice over the U. S. Government take over of Fannie Mae and Freddie Mac, let’s remember who the U. S. Government is. That would be US.
I am not sure this move will help the housing market nearly as much as it will help the investors, whose greed caused the mortgage crisis in the first place.


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Joe Spake is a Memphis-based Real Estate Broker and Consultant. He blogs at Joe Spake's Weblog and Memphis Real Estate Buzz. Joe's Social Network.