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sdrealtor.
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July 11, 2008 at 9:29 AM #237438July 11, 2008 at 9:35 AM #237458
peterb
ParticipantI think that back in the days before Freddie and Fannie, the rate of home ownership in the USA was below 20%. Within 20 years after Freddue and Fannie were started the rate was in the low 60%’s.
They are the single biggest factor and if they are seriously watered down, home ownership will probably go with them. The private sector will want a lot more from a potential home buyer. Cash will be king and those that need to sell their property will have to reduce their prices significantly!!July 11, 2008 at 9:35 AM #237448ParticipantI think that back in the days before Freddie and Fannie, the rate of home ownership in the USA was below 20%. Within 20 years after Freddue and Fannie were started the rate was in the low 60%’s.
They are the single biggest factor and if they are seriously watered down, home ownership will probably go with them. The private sector will want a lot more from a potential home buyer. Cash will be king and those that need to sell their property will have to reduce their prices significantly!!July 11, 2008 at 9:35 AM #237504ParticipantI think that back in the days before Freddie and Fannie, the rate of home ownership in the USA was below 20%. Within 20 years after Freddue and Fannie were started the rate was in the low 60%’s.
They are the single biggest factor and if they are seriously watered down, home ownership will probably go with them. The private sector will want a lot more from a potential home buyer. Cash will be king and those that need to sell their property will have to reduce their prices significantly!!July 11, 2008 at 9:35 AM #237314ParticipantI think that back in the days before Freddie and Fannie, the rate of home ownership in the USA was below 20%. Within 20 years after Freddue and Fannie were started the rate was in the low 60%’s.
They are the single biggest factor and if they are seriously watered down, home ownership will probably go with them. The private sector will want a lot more from a potential home buyer. Cash will be king and those that need to sell their property will have to reduce their prices significantly!!July 11, 2008 at 9:35 AM #237518ParticipantI think that back in the days before Freddie and Fannie, the rate of home ownership in the USA was below 20%. Within 20 years after Freddue and Fannie were started the rate was in the low 60%’s.
They are the single biggest factor and if they are seriously watered down, home ownership will probably go with them. The private sector will want a lot more from a potential home buyer. Cash will be king and those that need to sell their property will have to reduce their prices significantly!!July 13, 2008 at 5:16 PM #238784sdrealtor
ParticipantThe implicit government guarantee of Fannie Mae and Freddie Mac is now explicit. In a dramatic statement released Sunday, the White House and Federal Reserve moved to give the mortgage giants the capital they need to survive the depression in the housing market and turmoil in financial markets that had left them dangling over a cliff.
Like I said, too big to fail……
July 13, 2008 at 5:16 PM #238924ParticipantThe implicit government guarantee of Fannie Mae and Freddie Mac is now explicit. In a dramatic statement released Sunday, the White House and Federal Reserve moved to give the mortgage giants the capital they need to survive the depression in the housing market and turmoil in financial markets that had left them dangling over a cliff.
Like I said, too big to fail……
July 13, 2008 at 5:16 PM #238930ParticipantThe implicit government guarantee of Fannie Mae and Freddie Mac is now explicit. In a dramatic statement released Sunday, the White House and Federal Reserve moved to give the mortgage giants the capital they need to survive the depression in the housing market and turmoil in financial markets that had left them dangling over a cliff.
Like I said, too big to fail……
July 13, 2008 at 5:16 PM #238982ParticipantThe implicit government guarantee of Fannie Mae and Freddie Mac is now explicit. In a dramatic statement released Sunday, the White House and Federal Reserve moved to give the mortgage giants the capital they need to survive the depression in the housing market and turmoil in financial markets that had left them dangling over a cliff.
Like I said, too big to fail……
July 13, 2008 at 5:16 PM #238991ParticipantThe implicit government guarantee of Fannie Mae and Freddie Mac is now explicit. In a dramatic statement released Sunday, the White House and Federal Reserve moved to give the mortgage giants the capital they need to survive the depression in the housing market and turmoil in financial markets that had left them dangling over a cliff.
Like I said, too big to fail……
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