The CreditLine Discussion: How does the Fannie Mae and Freddie Mac bailout affect you?

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How does the Fannie Mae and Freddie Mac bailout affect you?

10 days ago via Wise Bread

By Xin LuYesterday Henry Paulson decided to use the power given to him by the housing bailout bill to officially take over Fannie Mae and Freddie Mac. This is a decision that has a huge impact on global financial markets. So how does this … [more]

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What Happened to Fannie Mae and Freddie Mac and What it Means to You
BlogHer - Business, Career & Personal Finance says ...

This week has been buzzing with news of the government takeover of Fannie Mae and Freddie Mac. It is a big deal as the NY Times called it a "In Rescue to Stabilize Lending, U.S. Takes Over Mortgage Finance Titans". It is an extraordinary move…

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