What is New in the $10.5 Trillion U.S. Mortgage Market

How ironic Bin Laden is dead and the $10.5 Trillion U.S. Mortgage Market is dead. So when are the Obama government going to focus on reviving the lifeless US house mortgage market.

What is New in the $10.5 Trillion U.S. Mortgage Market

What is New in the $10.5 Trillion U.S. Mortgage Market

Here are some official reports – quote – ‘ Currently, nine in 10 U.S. mortgages are guaranteed by either federal agencies or government-controlled mortgage giants Fannie Mae and Freddie Mac’

Yet both Fannie Mae and Freddie Mac are ‘in hock’ with the US government  to the tune of $134 billion dollars in taxpayer handouts. Now a bi-partisan democrat and republican move is afoot to eliminate the two Freddie’s!

‘Removing Fannie Mae and Freddie Mac will open the doors for the 4 leading US banks to ‘shaft’ joe public wholesale at will!’

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