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The end of Fannie and Freddie …

By: Myles, September 8th, 2008

Here is a great piece, from the Christian Science Monitor and staff writer Mark Trumbull, which puts the take over of Fannie Mae and Freddie Mac into perspective.

As Secretary of Treasury Paulson correctly concludes, the housing correction poses the biggest risk to our economy. Clearly the government has had enough and opted to take […]

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The State of Fannie Mae and Freddie Mac: Mid-Year 2008

By: Myles, July 10th, 2008

As just reported in InmanNews, shares of Fannie Mae and Freddie Mac hit 17-year lows today (July 10, 2008) as investors’ fears about the companies’ ability to raise additional capital fueled speculation of the possibility of a government bailout.
Along these lines, the Office of Federal Housing Enterprise Oversight (OFHEO) has issued a statement on the […]

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