Fannie and Freddie: Companies can't stick taxpayers with their losses

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  • pragmatistferlife salt lake city, utah
    Aug. 10, 2013 8:00 a.m.

    Pretty good article pointing out the pros and cons of Freddie and Fannie. Now they are going to be phased out I can't wait to hear the squeals from the Utahans who are trying to buy five bedroom, three bath, three car garage houses for themselves and their five children, all the while making $50,000 a year. Without government backing low interest 30 year mortgages as routine, available housing is going to get it probably should.