It's going to be interesting to see what results from this conference, especially since some of the profits from Fannie Mae & Freddie Mac were supposed to fund the Housing Trust Fund. The housing market collapsed before a single penny was transferred. Whatever the result, I hope that the Trust Fund will still receive funding in some way.
Tuesday, August 17, 2010
Future of GSE being decided
Oh, by the way, folks, at this very moment, the future of Fannie Mae and Freddie Mac, the Government Sponsored Enterprises (GSE) that have been so vital to homeownership for the past few decades, is being discussed.
It's going to be interesting to see what results from this conference, especially since some of the profits from Fannie Mae & Freddie Mac were supposed to fund the Housing Trust Fund. The housing market collapsed before a single penny was transferred. Whatever the result, I hope that the Trust Fund will still receive funding in some way.
It's going to be interesting to see what results from this conference, especially since some of the profits from Fannie Mae & Freddie Mac were supposed to fund the Housing Trust Fund. The housing market collapsed before a single penny was transferred. Whatever the result, I hope that the Trust Fund will still receive funding in some way.
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