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Re: chessmaster315 post# 319478

Saturday, 10/31/2015 7:58:26 PM

Saturday, October 31, 2015 7:58:26 PM

Post# of 794472
Excellent point. NOBODY adds liquidity to the mortgage market like Fannie & Freddie can, NOBODY, not even close. ALL HOMEOWNERS should be outraged at the mere prospect of reducing Fannie & Freddie's business model. With reduced liquidity, HOME VALUES GO DOWN. Why is OUR Gov removing wealth from it's citizens??? Does this not have a direct NEGATIVE impact on OUR economy?


Cival Rights groups demand Obama release fannie and freddie:



This is a utube video, which blames the problem on Republicans. While I dont agree its all the Republicans fault, I still like the idea that they should be released. Further, I agree that it is the very poor who need fannie the most. Rich people can put down 20% so they dont need fannie. However, these rich people want to move also, and they need to be able to sell their homes.