Comments on: Freddie and Fannie ‘Technically Insolvent’ http://blownmortgage.com/2008/07/10/freddie-and-fannie-technically-insolvent/ #1 Free Home Loan Modification & Debt Relief Help For US Home Owners - Truths, Facts & News About the Mortgage Industry Sat, 21 Nov 2009 12:13:18 -0700 http://wordpress.org/?v=2.8.3 hourly 1 By: Don http://blownmortgage.com/2008/07/10/freddie-and-fannie-technically-insolvent/comment-page-1/#comment-12910 Don Thu, 10 Jul 2008 15:13:18 +0000 http://blownmortgage.com/2008/07/10/freddie-and-fannie-technically-insolvent/#comment-12910 Is anyone following the Lehman story on CNBC today regarding liquidity? YIKES!! There's a PIMCO rumor and SAC Capital rumor. <br><br>As I understand, the Fed is not going bailout another investment bank. That on top of the Fannie/Freddie story makes this week suck. <br><br>Morgan, this is what I don't understand. WHY on God's green earth would Congress want to pass that horrible 300b dollar bill that would create MORE risk to Freddie, Fannie and FHA by RAISING conforming limits.<br><br>This is awful! Is anyone following the Lehman story on CNBC today regarding liquidity? YIKES!! There's a PIMCO rumor and SAC Capital rumor.

As I understand, the Fed is not going bailout another investment bank. That on top of the Fannie/Freddie story makes this week suck.

Morgan, this is what I don't understand. WHY on God's green earth would Congress want to pass that horrible 300b dollar bill that would create MORE risk to Freddie, Fannie and FHA by RAISING conforming limits.

This is awful!

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