Jubak’s Journal: Can you trust anyone?
description: The crisis at Fannie Mae and Freddie Mac wouldn’t be so threatening to US financial credibility if these mortgage giants hadn’t fudged the truth to sell their bonds, says Jim Jubak.
Tags
07/21/08
07/21/08
bond
bond
Can you trust anyone?
Can you trust anyone?
fannie mae
fannie mae
financial services
financial services
FNM
FNM
FRE
FRE
freddie mac
freddie mac
investing
investing
Jim Jubak
Jim Jubak
Jubak’s Journal
Jubak’s Journal
jubak's
jubak's
mortgage
mortgage
msn money
msn money
simple strategies
simple strategies
Comments
FNM takes opportunity of a Government-Sponsored Enterprise (GSE). As aligning downturn of recent housing industry by all means, that FNM stock price has declined 81.1% through 12 months. FRE does specifically homeownership and rental housing also in the secondary mortgage market. Likewise FNM, FRE stock prices has done 86.1%. US government enforced an investment policy to invent housing and underlying mortgage marketplace, posed to generate $4bi~ opportunities as of 7.26. US stock and housing marketplace slightly strode for recovery of founding relevant issues. Who should trust government investment to issuing mortgage marketing category? -
ymasuda_2008
I'm sure they will go to jail,wont they? -
wayne0074
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