A government fiasco! Fannie thrives after millions lose their homes.
To: whitedog57
To: whitedog57
Fannie is [also] losing less money on homes it sells through foreclosure as prices in many markets rise.”A government agency that makes money foreclosing and selling citizens houses. Seems that the Government is the Zombie to me.
3 posted on
04/02/2013 6:47:04 PM PDT by
American in Israel
(A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
To: whitedog57
The same creative accounting used as in the early 2000s. Another fact is that much of the loser mortgages that Fannie, Freddie, and FHA had are not sitting on the Feds book at full price as assets which they print money against.
4 posted on
04/02/2013 7:09:47 PM PDT by
RetiredTexasVet
(Leveling the playing field for a Progressive is dragging everyone down to their level.)
To: whitedog57
I would like to know what a zombie house is. Is it from the walking dead or some such?
6 posted on
04/02/2013 10:05:08 PM PDT by
tinamina
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