No money, yet, they are able to continue MEGA BUCK donations to the Anti-American group La Raza.http://www.nclr.org/index.php/publications/nclr_2008_annual_report/ P. 42. You will see a list of La Raza Corporate Donaters. Fannie Mae contributes over $200,000.00 per year.

Wish I were in that dire of straights. I could retire very comfortably and take on a few care-takers ta' boot.

If they are given another hand out, they will just use it to undermine the US Citizen in their Pro-Illegal quest.

http://www.dailyfinance.com/story/credit/fannie-mae-requests-another-1-5-billion-of-aid-after-2q-loss/19583534/

It only makes matters worse when those in authority take actions that reveal their detachment from the concerns — even from the essential nature — of their fellow citizens.

Just give the money to the people ... they'd have the money to pay their mortgage and Fanny five fingers would get paid ...


I have no idea why the government likes to complicate things...

From what I heard, there is a plan coming that will allow Fannie to directly modify your mortgage and lower the principle if you are upside down in your loan.

This will directly benefit many homeowners who are struggling.

Plan B would be to allow those people who are upside down with a high interest loan, to allow them to refinance directly with Fannie to a much lower interest rate.

Many people can't get a refi to the current low rates because they are upside down in their mortgage.

Interest rates are lower right now than they have been in 50 years.

Fannie Mae, Citi, Wells Fargo and BofA are the lenders most all Illegals go to for credit cards, home and auto loans.

They were under investigation once, suspected of running the scam of knowing, illegals run a higher risk of defaulting and the loan institution taking and reselling properties.

Why would decent Americans wish to support the Pro-Illegal?

could it be called "buying votes?"

You know what, everybody beetches about the Big Banks and the TARP and bailouts and all this kind of crap.....Then the go and put THEIR MONEY in these institutions.

Whenever I hear someone b!tch about the banks, the first qustion I ask them is "Who do you bank with?"

I bank with a local Credit Union.

People need to get smart.

I am with my local Community Bank.

maybe their executives need another bonus. christmas is coming, ya know...

It's called "our economic policy is not working and we have to find creative ways to make it look like we are doing something, when in fact, all we are doing is prolonging the misery and getting deeper and deeper in debt".

Fannie and Freddie are an albatross around the neck of the responsible Americans that didn't over leverage themselves during the housing boom.. Unfortunately, bailing out people that made poor decisions has become the new AmeriKan way..