20% down payment

The World’s Two Biggest Red Herrings

The Fannie and Freddie Sideshow What do you call two companies that have cumulatively lost tens of billions, are now wards of the state, and continue to receive multi-billion dollar government subsidies? If their names are “Fannie” and “Freddie,” the answer is:  the world’s two biggest red herrings. Or, if you prefer, a sideshow to...
Read More