Tag Archives: mortgage refinancing

Weekly Wrapup: The continuing saga of Freddie and Fannie

Posted on November 11, 2011 by Joe Meek

For those waiting for the other shoe to drop after Freddie Mac requested $6 billion in additional federal bailout dollars last week, the wait wasn’t too long. On Thursday in a story by Derek Kravitz that was widely reported by newspapers, Fannie Mae asks taxpayers for another bailout, the Associated Press reported that Fannie Mae had indeed followed suit, requesting an additional $7.8 billion be added to the $112.6… Continue reading

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FNC’s Weekly Business Wrap-Up

Posted on August 26, 2011 by Joe Meek

The business news this week has not been unlike the weather. While market swings have moderated and somewhat stabilized, as the week ended, investors were still faced with both real and potential triple-digit swings. Economic conditions, like Hurricane Irene, seem to be slowly swirling, creating a vortex that no one can predict with certainty how, when, or with what fury it will come home to roost. The fact that 2012… Continue reading

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