Monday, May 14, 2012

How Many $$$'s have we loaned to Fannie & Freddie

Have you ever wondered just how much it has cost American Citizens to support AAFannie Mae and Freddie Mac?


HERE's THE ANSWER........


Fannie has received about $116 billion from the Treasury over the last three and a half years and paid back about $23 billion in dividends. 


Its brother institution, Freddie Mac, has received about $72 billion and paid back about $18 billion.

    

Read the full article from the NEW YORK TIMES at.....
  http://www.nytimes.com/2012/05/10/business/fannie-mae-profit-signals-a-stabilizing-housing-market.html?_r=1&smid=li-share