Thursday, August 01, 2013 9:49:08 AM
Seems to me that they are reforming themselves,that combined with no other institution/s willing or able to provide an affordable 30 year mortgage. Looks like FnF aren't going anywhere. Yesterday when
president Obama spoke to the house democrats,he said "jobs,middle class, and growth" were going to be his priorities,moving forward. For all that still think Fannie/Freddie are going to be eliminated,
let me ask this. What will they be replaced by? Why would they replace institutions one of which has been around and working well since 1938,when the can just reform the structure all ready in place?
They couldn't or didn't even do any meaningful financial reform of the banks, but you still think,they will dismantle these profitable companies,which help the middle class? I think not !
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