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Metro Jacksonville

Community => Business => Topic started by: manasia on August 08, 2011, 10:52:11 AM

Title: Fannie and Freddie Credit Rating Downgraded
Post by: manasia on August 08, 2011, 10:52:11 AM
http://thehill.com/blogs/on-the-money/banking-financial-institutions/175867-fannie-freddie-downgraded (http://thehill.com/blogs/on-the-money/banking-financial-institutions/175867-fannie-freddie-downgraded)

S&P downgrades US mortgage giants Fannie Mae, Freddie Mac
Title: Re: Fannie and Freddie Credit Rating Downgraded
Post by: Dog Walker on August 08, 2011, 11:05:25 AM
That's a move that is long, long overdue.
Title: Re: Fannie and Freddie Credit Rating Downgraded
Post by: manasia on August 08, 2011, 11:34:03 AM
Quote from: Dog Walker on August 08, 2011, 11:05:25 AM
That's a move that is long, long overdue.

No Doubt.
Title: Re: Fannie and Freddie Credit Rating Downgraded
Post by: kathy Jackson on August 10, 2011, 06:08:57 PM
Fannie and Freddie better get out of the real estate market before they start losing money.
I hear real estate may go down in price.
Can you imagine what would happen if we had a real estate crash.
The stock market would crash and then America wouldn't be able to pay its debts.
I can't even fathom such a thing.
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