Real Estate News: US Government Bails Out Fannie Mae FNMA and Freddie Mac FHMLC

Fannie Mae and Freddie Mac have always been privately owned and government sponsored lenders designed to help more Americans become homeowners.

Recently, the US Government took over and now owns 80% of both Fannie Mae and Freddie Mac.

Read the News Articles:

What are the implications? I do not know enough to speculate, so here are some articles that may shed some insight:

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Posted By: Mariana Wagner - Colorado Springs Real Estate Agent - Wagner iTeam
The Wagner iTeam is a power team of Keller Williams Realty,
specializing in Colorado Springs Real Estate and Monument Real Estate
Pictures of Colorado Springs
(719) 434-7525




Posted on September 9th, 2008 by Mariana Wagner

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