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Consumer Law

: CL&P Blog

Read the Complete Details on the Freddie/Fannie Takeover

By Brian Wolfman

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Images Today's Washington Post has a terrific set of stories on the Freddie/Fannie takeover. Start with this lead story and then click on "view all items in this story" for a drop down menu with about 10 other stories. Read about why Secretary Paulson decided on the takeover, what the takeover will mean for mortgage interest rates (they will go down soon it seems), and the mortgage giants new CEOs (the former heads of Fannie and Freddie have been fired). For a video of Secretary Paulson announcing the takeover go here.

Full post as published by CL&P Blog on September 08, 2008 (boomark / email).

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