Friday, May 26th, 2017

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Lions and Tigers and Bailouts, Oh My!

Fannie Mae & Freddie Mac BailoutI first heard about all the fuss with Fannie Mae and Freddie Mac on Sunday while at Shaun McCloskey’s short sale bootcamp.

Someone had mentioned it, after catching a glimpes of the news on a break.

Now that I’m back in town I’ve done a little reading up on what’s going on.

Veeeeery interesting.  It’s gonna be pretty darn interesting to see where this goes next, no?

If you’ve been too busy to hear much about this, then take a few minutes to wrap your mind around it.  Then leave a comment sharing what you thing about it.  It’s big industry news.

Here’s a few key articles and a two short clips from Reuters that’ll help bring you up to speed…

Reuters Video, 7/11/08 – Fed offers Hand to Fannie, Freddie

Reuters Video, 7/14/08 – Will Rescue Plan Lead to Bailout?

So what do you think about all this?  Post a blog comment…

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About 

JP Moses is a roughly-hewn man-child who first got into REI after reading Rich Dad, Poor Dad back in Y2K and went full time in 2002. He's tinkered in everything from landlording to short sales to rehabs to Realtoring to REOs to notes to owner financing, blah, blah, blah...Till he finally stuck his flag deep into wholesaling and has since flipped somewhere north of a couple hundred deals.

JP's not a “guru” but also doesn't think it's a bad word. Among his core values are authenticity, creativity, big honkin' value, general fun-ness and being unshaven. He's super proud to be chief blogger guy at REItips.com and host of the free REIology podcast. He also thoroughly enjoys sharing his 53 best real estate investing forms with anyone who wants them. You should totally check that out. :-)