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Entries Tagged as 'Subprime Mortgage crisis'

Housing Rescue Bill: Fannie and Freddie Get New “Lifejackets”!

July 31st, 2008 · 1 Comment · Banking, Consumer Debt, Mortgages

Just as the boat that Freddie Mac and Fannie Mae have been vacationing on prepares to sink due to tropical storm “Subprime”, the government comes to the rescue! President Bush has recently signed the initiative to pass sweeping legislation that will offer up to $300 billion in assistance to troubled homeowners and throw government support [...]

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