Wednesday, September 28, 2011

Mortgaging in Trouble

http://news.businessweek.com/article.asp?documentKey=1376-LS5IVM0D9L3501-7L0REBHAGJ83N4M5RDL2MTHO0A

As we can see from this article Freddie Mac is struggling and plays a role in why the housing market is so bad today. Freddie Mac's big time rival Fannie Mae is not doing so hot either. These mortgage finance firms need some serious bailouts and help in order to get back running and improving the economy.

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