Fannie Mae Freddie Mac to be delisted.

[PatekPhilippe]

The stocks are near worthless!!!!!
Thanks Frank & Dodd!!!! Your stewardship of these programs is indicative of your incompetence!!!

 

[PatekPhilippe]

Both take massive plunges today....and the ass clown parade continues.

 

[CrusaderFrank]

And they now control 100% of the residential mortgage market.

Do you understand that? Every loan now passes through either Freddie, Fannie or FHA.

Obama Uber Alles!

 

[Skull Pilot]

Government Run Entities that have gone bust.

Social Security
Medicare
Fanny and Freddy
Amtrak
The USPS

A partial list

 

[CrusaderFrank]

"These two entities—Fannie Mae and Freddie Mac—are not facing any kind of financial crisis," -- Barney Frank

 

[Care4all]

"These two entities—Fannie Mae and Freddie Mac—are not facing any kind of financial crisis," -- Barney Frank

what year was that?

 

[Care4all]

And they now control 100% of the residential mortgage market.

Do you understand that? Every loan now passes through either Freddie, Fannie or FHA.

Obama Uber Alles!

no i do not understand it....do you have a link that says fannie and freddie handle 100% of all mortgages in america...that all mortgages pass through them?

 

[Care4all]

has fannie and freddie been MADE to buy up all the toxic mortgages in securities from the banks that made the bad loans?

 

[PatekPhilippe]

has fannie and freddie been MADE to buy up all the toxic mortgages in securities from the banks that made the bad loans?

As per government lending policy...they were forced to back many of the loans people defaulted on....that's why they are now broke, being delisted and the recipient of more bailout money than anyone else.