Whats going to happen to Fannie and Freddie?

An interesting article about two new bills being sponsored to deal with the messes at FannieMae and FreddieMac.

While neither is likely to pass, they both show continued Federal involvement in the housing market.
One Bill rolls Fannie and Freddie into one new bigger government organisation. 
The other would encourage the establishment of private organisations to accomplish the same tasks.

Both would operate backed by the Federal government and supported by additional fees passed on to buyers.
Barry Bevis, Broker/Realtor
C-850-491-3600
F-877-870-9066
www.BevisRealty.com

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s