Share 'Home Mortgage Bailout by Uncle Sam'

I studied the problem facing the US Banks and Fannie Mae & Freddie Mac over the issue of $700 billion loan to the Banks to payoff Fannie Mae & Freddie Mac and to allow the FHA to reorganize those Mortgages. If their plan works the problem will still affect the stock market adversely and foreign nations will still tighten their belts against US Interests. It became interesting as I had my…