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      “@Shawn - Money can apparently buy a LOT of happiness - and it seems to come in the form of pills and smoke-able items. *sigh* (yeah, sure you didn'”
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PostHeaderIcon Bailout

I am not Candy, she who is CRESS designated. That means when she asked me to blog the whole Fannie Mae/Freddie Mac thing I smiled and nodded and like I always do…Glad she couldn’t see over IM how cross-eyed and teeth-gritting I was.

The sum total of my knowledge of mortgage finance is where to mail my mortgage check, and that I have to look up every month. So, I’ve been learning this week. And, honestly, I still don’t get it.

But these folks do, so I’m going to send you on a link tour to people who can talk about the bailout knowledgeably–unlike me.

Under New Management: Freddie Mac & Fannie Mae
What rescue means for mortgage rates
Dollar climbs after mortgage bailout
Fannie and Freddie 101
Fannie & Freddie: Buying Friends in D.C.
Fannie, Freddie storm wallops insurers, too
Dems: Departing mortgage execs pay ‘too high’
Fannie’s borrowing costs plunge
Mortgage rates drop after Freddie, Fannie bailout
Treasury offers mortgage takeover FAQ
Greenspan: Government Faces Tough Decisions in Lehman Case

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