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?


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.....