From freerepublic.com
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Fannie Mae has announced that it is going to become a landlord. To avoid foreclosing, Fannie will allow some homeowners to rent. Its another gamble with our money. Just 6 years ago, Barney Frank said this about Fannie Mae and Freddie Mac: We see entities that are fundamentally sound financially and withstand some of the disastrous scenarios. And even if there were a problem, the Federal Government doesn't bail them out. Oops, this year...
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