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Fannie, Freddie could return $179bn to government

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Mortgage Professional America | 11 Mar 2014, 03:26 AM Agree 0
Fannie Mae and Freddie Mac could be cash cows for the government if they stay under federal conservatorship, according to White House budget estimates
  • Jim | | 11 Mar 2014, 12:27 PM Agree 0
    So instead of winding them down take the money and put it in the SS trust fund
  • Courtland | | 11 Mar 2014, 12:31 PM Agree 0
    Wait - the government mortgageed them $187.5 million and they've returned $202.9 billion? I'm thinking there's a discrepancy here...
  • Herb McGee | | 11 Mar 2014, 12:33 PM Agree 0
    This is the first time that the government made the right decision. If you are going to spend money, spend it in the US, this should be set up as a Conservatory Fund for our nations infrastructure not Defense, Welfare or Social Security. Possibly a Disaster fund.
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