Monday, September 8, 2008

FHFA/Treasury in Historic Takeover of GSEs

On Sunday morning the new GSE regulatory agency placed congressionally chartered

mortgage giants Fannie Mae and Freddie Mac into separate conservatorships, as the

government committed $100 billion to each while removing their CEOs and laying the

groundwork for a radical and historic restructuring of the entire U.S. mortgage

market. This could greatly help the Home Seller Assist program, so tune in on Tues

and Wed evenings at 7pm - central at http://www.fastsellerloans.com and get the

latest on We Provide The Cash from founder, John Alexander.

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