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The latest from the rumor mill: possible Fannie/Freddie takeover

The Associated Press is reporting that a federal takeover of Fannie Mae and Freddie Mac may happen as early as this weekend, quoting a source "briefed on the matter," who spoke on condition of anonymity.

What a difference a month makes.

Fannie, Freddie, and Treasury officials declined comment.

Get set for another wild ride, folks.

2 commentsJason Buckingham • September 05 2008 10:07PM

Comments

Looking forward to see what happens in the near future.  Thanks for the post!

Posted by Laxson Associates l La Jolla Real Estate about 1 year ago

Thanks for the heads up Jason.  Personally I've been expecting this for awhile.  Naturally they would do it over a weekend.  Here we go again.  www.vizionkc.com

Posted by Justin Ukaoma : Kansas City Real Estate Investments (Vizion KC) about 1 year ago

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