Freddie Mac
The Federal Home Loan Mortgage Corporation (FHLMC), known as Freddie Mac (), is a government sponsored enterprise (GSE) of the United States federal government.
Posted by admin! / Under Freddie Mac
This is what our affordable housing program has become: Giving tax credits to new home buyers, spending taxpayer money to keep people in their homes, paying people to move out of their homes, and bankrolling Fannie Mae and Freddie Mac with tax dollars for unlimited losses.
Published on Tuesday 9th of March 2010 11:42:10 PM
Posted by admin! / Under Freddie Mac
This is what our affordable housing program has become: Giving tax credits to new home buyers, spending taxpayer money to keep people in their homes, paying people to move out of their homes, and bankrolling Fannie Mae and Freddie Mac with tax dollars for unlimited losses.
Published on Tuesday 9th of March 2010 11:42:10 PM
Posted by admin! / Under Freddie Mac
First lets define what a Mortgage Back Security is, or MBS. More or less a MBS is a bond sold on wall street from the big government backed firms Fannie Mae and Freddie Mac. These loans are originated by banks we all know and love. Then the banks sell these loans off to Fannie Mae, and Freddie Mac in big pools (collections of mortgages).
Published on Tuesday 9th of March 2010 11:42:10 PM
Posted by admin! / Under Freddie Mac
It's time to kick Fannie Mae and Freddie Mac out of the housing market
Published on Tuesday 9th of March 2010 11:42:10 PM
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