http://pictureperfectsandiego.com/2008/09/08/fannie-and-freddie-bailoutmy-first-take/ Picture Perfect San Diego Real Estate Blog Sat, 17 Jul 2010 20:01:40 -0700 http://wordpress.org/?v=2.8.4 hourly 1 http://pictureperfectsandiego.com/2008/09/08/fannie-and-freddie-bailoutmy-first-take/comment-page-1/#comment-92 Video Interview: How the Fannie Mae/Freddie Mac Bailout Affects Buyers Sat, 13 Sep 2008 03:21:52 +0000 http://pictureperfectsandiego.com/2008/09/08/fannie-and-freddie-bailoutmy-first-take/#comment-92 [...] more information? Read Kevin’s “First Take” on the Fed’s Announcement to Bailout Fannie Mae and Freddie [...] [...] more information? Read Kevin’s “First Take” on the Fed’s Announcement to Bailout Fannie Mae and Freddie [...]

]]> http://pictureperfectsandiego.com/2008/09/08/fannie-and-freddie-bailoutmy-first-take/comment-page-1/#comment-90 Jim Rake Fri, 12 Sep 2008 11:12:49 +0000 http://pictureperfectsandiego.com/2008/09/08/fannie-and-freddie-bailoutmy-first-take/#comment-90 Glad to see that the glass is half full! While this may appear to the casual observer as "bad news", there are reasons to celebrate. Uncle Sam isn't going to let anything happen to Freddie & Fannie, and had, at this late date, little choice, but to come to the rescue. You're exactly right, this "jump start" won't do it alone. Let's hope the major players see this as the beginning of a process that gets the housing market headed in a northerly direction. If managed properly, with the right market/home buying incentives (while limiting risk), this can serve as the proverbial "tipping point." Glad to see that the glass is half full!
While this may appear to the casual observer as “bad news”, there are reasons to celebrate. Uncle Sam isn’t going to let anything happen to Freddie & Fannie, and had, at this late date, little choice, but to come to the rescue.
You’re exactly right, this “jump start” won’t do it alone.
Let’s hope the major players see this as the beginning of a process that gets the housing market headed in a northerly direction.
If managed properly, with the right market/home buying incentives (while limiting risk), this can serve as the proverbial “tipping point.”

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