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There's a mortgage monopoly the US government wants to keep

By anonymous following x   2017 Aug 25, 2:36pm 866 views   2 comments   watch   sfw   quote     share    


https://finance.yahoo.com/news/theres-mortgage-monopoly-u-government-100000054.html

Will Trump act on FNMA and remove it from conservatorship?

1   anonymous   ignore (null)   2017 Aug 25, 2:37pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

http://www.mortgagenewsdaily.com/08032017_gse_financial_results.asp

Fannie Mae and Freddie Mac (the GSEs, or "government-sponsored enterprises") were already well past having paid back taxpayer bailouts before this week's earnings releases. Freddie Mac has paid back $36.9 billion more than it drew from taxpayers and the number is $46.6 billion for Fannie Mae. Both have capital buffers at the moment, but those are slated to be drawn down to $0 by the beginning of 2018. Neither the GSEs nor their overseer the FHFA are too thrilled about that.

2   APOCALYPSEFUCKisShostikovitch   ignore (35)   2017 Aug 25, 2:47pm   ↑ like (1)   ↓ dislike (0)   quote   flag        

Mortgages are for CUNTS! and speculators!

It's CASH! or FUCK! YOU! AMERICA!





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