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aldrethaldreth
edited August 2007 in Housing Bubble
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Comments

  • TJ_98370TJ_98370
    Not to worry - Fannie Mae and Freddie Mac to the rescue!

    Fannie Mae & Freddie Mac

    The crisis in the mortgage market has increased the likelihood that the Federal government could intervene in some way to alleviate a credit squeeze.

    However, Congress and government-sponsored enterprises like Fannie Mae (FNM) and Freddie Mac (FRE) might only offer limited support...
    ..
  • JazenJazen
    Check out Diana Olicks "probe" into these matters on CNBC. Seems like Wells Fargo raised it's rates on jumbo loans (Anything over 417K, which is pretty much every single house around here), from 6 7/8 to 8%!!!!!!
    Nifty.
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