Question Details

Perry Vittor…, Real Estate Pro in San Leandro, CA

Fannie May and Freddie Mac to be abolished over the next 10 years. How is this going to effect the real estate market?

Asked by Perry Vittoria, San Leandro, CA Fri Feb 11, 2011

The government just released a 31 page report proposing the abolishment of the two lending giants. With the government reducing their loan in lending sounds great on paper but can our fragile housing market take this?

http://www.nytimes.com/2011/02/12/business/12housing.html

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