Fannie Mae and Freddie Mac Bail out

Posted on September 17, 2008 - Filed Under News | Leave a Comment

The government has stepped to the plate and decided to bail out the two mortgage giants Fannie Mae and Freddie Mac. Both companies are important part of the American economy because of the dealings with the majority of home loans in the country.
Actually both these companies started out as government entities and [...]

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Fannie Mac and Freddie Mac in Trouble

Posted on September 8, 2008 - Filed Under News | Leave a Comment

In the news in the story of the two mortgages companies Freddie mac and Fannie Mae.  There are in trouble because there liabilities has far exceeded their assets and now need to bailed out by the government.  If you are a lay person you might to understand what these companies do for the American economy.   [...]

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