Not much to link to in news with short time on the weekend.. BUT WATCH for news about the FBI / Obama sweeps for bank fraud. Basically making fraud mortgages go back to originator if I heard the news correctly.
FANNIE MAE and FREDDIE are now OFF the stock exchange. 5 -10 years ago they were hot investment stock and now they are deader than a doornail for investing.
My Realtor friends say to watch for HUGE fall out with new avalanche of mortgages. One of my Realtor friends feels the banks are just holding back on some foreclosures. YOU tell us what you think................
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