I 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…
- Inman News, 7/14/08 – Feds give Fannie, Freddie Access to Capital
- Realtor.com, 7/14/08 – U.S. Senate Passes Housing Stimulus Bill
- Inman News, 7/15/08 – Fannie, Freddie Don’t Plan to Borrow From Feds
- Rueters, 7/15/08 – Officials grilled on Fannie, Freddie Rescue Tab
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…