Don't Believe Anything Until It's Officially Denied
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Using that infallible maxim as our guide, it appears that Fannie Mae and Freddy Mac, the nation’s two primary engines of housing inflation, are on the brink of collapse. Last week I heard on a TV news broadcast the following remark from an unnamed official, “Fannie Mae is financially strong.” That’s a simple statement of fact, that if it were true, would never have been made. The big mortgage GSE must surely be in trouble.
Don't Believe Anything Until It's Officially Denied
Don't Believe Anything Until It's Officially…
Don't Believe Anything Until It's Officially Denied
Using that infallible maxim as our guide, it appears that Fannie Mae and Freddy Mac, the nation’s two primary engines of housing inflation, are on the brink of collapse. Last week I heard on a TV news broadcast the following remark from an unnamed official, “Fannie Mae is financially strong.” That’s a simple statement of fact, that if it were true, would never have been made. The big mortgage GSE must surely be in trouble.