Fannie and Freddie……..Thanks for nothing. If what I’m hearing/reading is true, the cost of borrowing and a MAJOR part of the lending market is about to implode.

The Cost of borrowing money is……..about to get a bit tighter……Oh who am I kidding. ALOT tighter. How is it possible that people can be responsible borrowers and lenders, and then STILL get stuck with the bill in a public bailout?

Pressure on housing prices? Just went decidedly negative with that news today. In a world of financial toxic waste, this is a top three kind of hit. Let’s just hope they keep it together…………