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Alias Born 03/18/2013

Re: basketball14 post# 12120

Monday, 03/18/2013 3:08:37 PM

Monday, March 18, 2013 3:08:37 PM

Post# of 797221
What Pres. Obama wants to do and will happen are 2 totally different things. If FNMA and FMCC are shut down this would most definitely put a strangle hold on the ability for people to purchase homes by making it more expensive for people seeking to get a mortgage.

I do think there will be some major changes but neither FNMA or FMCC will be shutdown(JMO). FNMA plans to sell $1 billion of benchmark bills on Wednesday.

The sale will include $500 million of three-month bills, due June 19, 2013, and $500 million of six-month bills, due Sept. 18, 2013.

Settlement is March 20-21.