Question

cole asked ...

Subject: Fannie Mae and Freddie Mac implications

With the largest lenders cracking yesterday and today and indicating that capital maybe an issue and that housing is expected to worsen into 2008, can the economy stay out of harms way? The dollar got whacked as did home builders. Any optimists out there?

Tags fanniemae, housing, fre, fnm, economy, freddiemac

Status: OPEN. Posted on 11-20-2007 - last updated on 11-28-2007 - 1 answers


Answers

karim

Type: ANSWER

Hard to be at this point. Markets ALWAYS move further than you expect so a recovery in 2009 may disappoint.

11-20-2007