dailyfinance.com May 08, 10 02:53 pm — Freddie Mac, the government-backed mortgage-finance giant, doesn't expect a housing recovery any time soon. In fact, it thinks home prices will fall further before they start climbing back up. Worse, Freddie says it now needs...
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Sen. Dodd calls Fannie, Freddie 'fundamentally strong'
Have no worries .. this is the man in the senate that is driving the Wall Street Reform ... what could wrong .. probably not too much for the money makers .. a lot for Main Street.
''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.'
I'm not sure why this clown is the chair of the Financial Services Committee now
More nonsense from Bawney