Fannie and Freddie: What’s The Big Deal?

Fannie Mae and Freddie Mac – now coined Frannie – have been at the top of the news in the past few days as the government has taken over running the ginormous entities – aka government bailout.  But why does that matter?  What is Frannie anyway and why should we care?
Joel Singer, Executive Vice President of the California Association of Realtors gives a concise and easy-to-understand explanation as to why Fannie and Freddie are crucial components to the mortgage industry.   
<p>Fannie & Freddie:  Why They Matter To You</p>

Fannie & Freddie: Why They Matter To You

Jeff Corbett of Agent Genius provides a must-read on what it all means. 

Got a San Mateo County real estate question?   Call me at 650.888.9268 or send me an email Vicki [at] CallVicki.com.  You can also subscribe to my blog feed by clicking here.

All the best,
Vicki Moore

Vicki Moore About Vicki Moore

Office:
RE/MAX Star Properties
282 Redwood Shores Parkway
Redwood Shores, CA 94065

By Phone:
650.888.9268

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