Fannie Mae, Freddie Mac and the Same Old Song

``Let's begin with the status quo. The taxpayer rescue of Fannie and Freddie in September 2008 has cost $137 billion so far. While this has been paid down from an initial $187.5 billion, taxpayers aren't likely to get their money back anytime soon. Last fall, the regulator charged with overseeing Fannie and Freddie estimated that the taxpayer bill for the companies could be $200 billion by the end of 2015. ''

Source: http://ml-implode.com/staticnews/2013-03-25_FannieMaeFreddieMacandtheSameOldSong.html

purchase transaction remax current mortgage rates coldwell banker