This is pretty big news (to put it lightly), so I don’t want to ignore it even though I try to focus on Seattle-specific news here usually. On Friday news came out that Fannie Mae and Freddie Mac will basically be taken over by the US Government this week. I don’t see any point in…
Tag: Freddie
Who gives a RA about the banks, anyway?
I thought we could use a thread to discuss the insanity that reigns in the financial world today. You all already know the news. IndyMac taken over by the FDIC in the third-largest bank failure in US history. The bailouts of Fannie & Freddie have begun. Here’s another take on the weekend news: Now here’s…
Will Higher Government Loan Limits Boost Seattle’s Market?
I apologize for not making a more timely post on this subject, but it’s taken me a while to wrap my head around everything that’s really going on, and rather than spit out an uninformed piece full of quotes from equally uninformed newspaper reporters, I thought I’d do some actual research first. So here’s what…