Fannie, Freddie, and Indy

By: Josh Cantwell

Hey guys, you've got to check out the latest article that I wrote regarding Fannie Mae, Freddie Mac, and Indy Mac. There's some crazy stuff going on that we all need to be aware of. Here's a sneak peek, but click the link at the bottom to read the entire article in full.

During the past week we've heard a ton about Fannie Mae, Freddie Mac and Indy Mac.

Another crisis? Don't we already have the Iraq War, a resurgent Taliban in Afghanistan, crazy fuel prices, our pals in Venezuela, Russia and Iran thumbing their noses at us, the credit crunch, housing crisis and, lest we forget, global warming?

Do we really need another crisis? How could newspapers be losing so much money with so much terrible stuff going on?

And that's my point . . .there's been a tendency for many people to stick their heads in the sand. It just seems too much to absorb.

At first, it's easy to think that this is part of the endless downward spiral of the housing crisis.

Then I looked at the numbers.

Both of these institutions finance half of the mortgages in the U.S.

Together they owe five trillion dollars.

CLICK HERE to read this entire article...

**Make sure to "Tell Us What You Want." Check out the Blog post below and help us deliver the information you are looking for by filling out a short survey**

Leave a Reply

Your email address will not be published. Required fields are marked *