rescue

Fannie Mae Nine Years Later

September 30, 1999 from the New York Times, In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders. Bold is my emphasis, The action, which will begin as a pilot […]

Is It A Bailout Or A Rescue

Bailout or Rescue? If this wasn’t a voting year or if we weren’t this close to an election, the Bailout or Rescue Bill would have been passed.  It has become politicized.  Many didn’t vote for it, in my belief, because they want to be able to say, “I didn’t vote for it,” in case it […]

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