Dems said that the Rep. did nothing about the housing problem

Discussion in 'General Discussion' started by Lovebears65, Oct 23, 2011.

  1. Lovebears65
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    Lovebears65 Gold Member

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  2. freedombecki
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    freedombecki Let's go swimmin'! Supporting Member

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  3. waltky
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    waltky Wise ol' monkey Supporting Member

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    More good money after bad...
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    Fannie Mae Asks Taxpayers for Another $7.8B
    November 9, 2011 WASHINGTON (AP) — Mortgage giant Fannie Mae is asking the federal government for $7.8 billion in aid to cover its losses in the July-September quarter.
     
  4. waltky
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    waltky Wise ol' monkey Supporting Member

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    More of the same...
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    FHA could need taxpayer bailout next year, report says
    November 16, 2011 Washington — The federal agency that insures more than $1 trillion in mortgages may need as much as $43 billion from the U.S. Treasury to stay afloat if the housing market fails to rebound next year.
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    Fannie Mae's CFO gets $1.7M for joining the mortgage giant that continues to lose billions
    11/16/11 : House Republicans are pointing out that Fannie Mae’s new chief financial officer shares something in common with a newly drafted pro football player — both landed signing bonuses.
     
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