{"id":9428,"date":"2008-07-13T22:31:54","date_gmt":"2008-07-14T02:31:54","guid":{"rendered":"https:\/\/www.ewmrealestate.com\/blog\/2008\/07\/13\/fannie-mae-and-freddie-mac-here-to-stay-3\/"},"modified":"2019-04-23T20:57:16","modified_gmt":"2019-04-23T20:57:16","slug":"fannie-mae-and-freddie-mac-here-to-stay-3","status":"publish","type":"post","link":"https:\/\/ewmrealestate.com\/blog\/fannie-mae-and-freddie-mac-here-to-stay-3\/","title":{"rendered":"Fannie Mae and Freddie Mac Here To Stay?"},"content":{"rendered":"

\"fannie-freddie.jpg\"<\/a>\u00a0Prepare yourself for the hot topic of the week\u2026the possible demise of Fannie-Mae and Freddie-Mac.The fact of the matter is that the Federal Government will not let either Freddie or Fannie be in a position where they would fail as illustrated by Secretary Henery Paulson\u2019s announcement <\/font><\/a>today that the government is planning to expand it\u2019s current line of credit to the two companies.<\/p>\n

The media will be a-buzz with the notion that this action constitutes a government bailout and that the housing market, mortgage market and economy as a whole are in dire straights\u2026but this sentiment ignores some basic facts.<\/p>\n

Fannie and Freddie currently have about $5.3 trillion in outstanding mortgage debt of which about 1% is currently in some stage of\u00a0default.\u00a0 That 1% equates to about $530 billion of which given the most conservative estimates of the market value of the collateral leaves approximately $265 billion of unsecured or \u201cbad debt\u201d.\u00a0 Depending on the source, estimates put the costs of the Iraq War\u00a0at $200-300 billion\u00a0per year\u00a0so as you can see the $265 billion of bad debt is neither crippling nor the prelude to an implosion of the US mortgage or housing markets.<\/p>\n

In regards to the US mortgage market, we have returned to the common sense underwriting guidelines of 6 or 8 years ago which is a far more sustainable environment and will in the long run create a healthier housing market and economy.<\/p>\n

The long term effect of government intervention into the operations of Fannie Mae and Freddie Mac are yet to be seen but many analyst predict that given an implied guarantee by the Federal Government that it may have a stabilizing effect.<\/p>\n

Stay out of the aisles while the uninformed panic and run for the exits and you will be just fine.<\/p>\n

SHARETHIS.addEntry({ title: “Fannie-Mae and Freddie-Mac Here To Stay?”, url: “https:\/\/www.ewmrealestate.com\/blog\/2008\/07\/13\/fannie-mae-and-freddie-mac-here-to-stay\/” });<\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a0Prepare yourself for the hot topic of the week\u2026the possible demise of Fannie-Mae and Freddie-Mac.The fact of the matter is that the Federal Government will not let either Freddie or Fannie be in a position where they would fail as illustrated by Secretary Henery Paulson\u2019s announcement today that the government is planning to expand it\u2019s<\/p>\n

Read More<\/a><\/p>\n","protected":false},"author":5395,"featured_media":130092,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_expiration-date-status":"","_expiration-date":0,"_expiration-date-type":"","_expiration-date-categories":[],"_expiration-date-options":[]},"categories":[11767],"tags":[],"yoast_head":"\nFannie Mae and Freddie Mac Here To Stay? - BHHS EWM Realty<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ewmrealestate.com\/blog\/fannie-mae-and-freddie-mac-here-to-stay-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fannie Mae and Freddie Mac Here To Stay? - BHHS EWM Realty\" \/>\n<meta property=\"og:description\" content=\"\u00a0Prepare yourself for the hot topic of the week\u2026the possible demise of Fannie-Mae and Freddie-Mac.The fact of the matter is that the Federal Government will not let either Freddie or Fannie be in a position where they would fail as illustrated by Secretary Henery Paulson\u2019s announcement today that the government is planning to expand it\u2019sRead More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ewmrealestate.com\/blog\/fannie-mae-and-freddie-mac-here-to-stay-3\/\" \/>\n<meta property=\"og:site_name\" content=\"BHHS EWM Realty\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/EWMRealtyInternational\" \/>\n<meta property=\"article:published_time\" content=\"2008-07-14T02:31:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-04-23T20:57:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ewmrealestate.com\/blog\/wp-content\/uploads\/2019\/06\/BHHS-On-Solid-Background.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"376\" \/>\n\t<meta property=\"og:image:height\" content=\"376\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"EWM Marketing\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"EWM Marketing\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/fannie-mae-and-freddie-mac-here-to-stay-3\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/fannie-mae-and-freddie-mac-here-to-stay-3\/\"},\"author\":{\"name\":\"EWM Marketing\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#\/schema\/person\/3a9b03cccfbcd6dc5e4bcdcc0b2c8511\"},\"headline\":\"Fannie Mae and Freddie Mac Here To Stay?\",\"datePublished\":\"2008-07-14T02:31:54+00:00\",\"dateModified\":\"2019-04-23T20:57:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/fannie-mae-and-freddie-mac-here-to-stay-3\/\"},\"wordCount\":321,\"publisher\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#organization\"},\"articleSection\":[\"EWM News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/fannie-mae-and-freddie-mac-here-to-stay-3\/\",\"url\":\"https:\/\/ewmrealestate.com\/blog\/fannie-mae-and-freddie-mac-here-to-stay-3\/\",\"name\":\"Fannie Mae and Freddie Mac Here To Stay? - BHHS EWM Realty\",\"isPartOf\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#website\"},\"datePublished\":\"2008-07-14T02:31:54+00:00\",\"dateModified\":\"2019-04-23T20:57:16+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/fannie-mae-and-freddie-mac-here-to-stay-3\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ewmrealestate.com\/blog\/fannie-mae-and-freddie-mac-here-to-stay-3\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/fannie-mae-and-freddie-mac-here-to-stay-3\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ewmrealestate.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Fannie Mae and Freddie Mac Here To Stay?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#website\",\"url\":\"https:\/\/ewmrealestate.com\/blog\/\",\"name\":\"BHHS EWM Realty\",\"description\":\"Blog\",\"publisher\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ewmrealestate.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#organization\",\"name\":\"BHHS EWM Realty\",\"url\":\"https:\/\/ewmrealestate.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ewmrealestate.com\/blog\/wp-content\/uploads\/2019\/06\/BHHSLogo2_2019.png\",\"contentUrl\":\"https:\/\/ewmrealestate.com\/blog\/wp-content\/uploads\/2019\/06\/BHHSLogo2_2019.png\",\"width\":1804,\"height\":345,\"caption\":\"BHHS EWM Realty\"},\"image\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/instagram.com\/ewmrealty\/\",\"https:\/\/www.facebook.com\/EWMRealtyInternational\",\"https:\/\/twitter.com\/ewmrealty\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#\/schema\/person\/3a9b03cccfbcd6dc5e4bcdcc0b2c8511\",\"name\":\"EWM Marketing\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a67fa41f11739e809564e2f7ddc46322?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a67fa41f11739e809564e2f7ddc46322?s=96&d=mm&r=g\",\"caption\":\"EWM Marketing\"},\"url\":\"https:\/\/ewmrealestate.com\/blog\/author\/ewmmarketing\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Fannie Mae and Freddie Mac Here To Stay? - BHHS EWM Realty","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ewmrealestate.com\/blog\/fannie-mae-and-freddie-mac-here-to-stay-3\/","og_locale":"en_US","og_type":"article","og_title":"Fannie Mae and Freddie Mac Here To Stay? - BHHS EWM Realty","og_description":"\u00a0Prepare yourself for the hot topic of the week\u2026the possible demise of Fannie-Mae and Freddie-Mac.The fact of the matter is that the Federal Government will not let either Freddie or Fannie be in a position where they would fail as illustrated by Secretary Henery Paulson\u2019s announcement today that the government is planning to expand it\u2019sRead More","og_url":"https:\/\/ewmrealestate.com\/blog\/fannie-mae-and-freddie-mac-here-to-stay-3\/","og_site_name":"BHHS EWM Realty","article_publisher":"https:\/\/www.facebook.com\/EWMRealtyInternational","article_published_time":"2008-07-14T02:31:54+00:00","article_modified_time":"2019-04-23T20:57:16+00:00","og_image":[{"width":376,"height":376,"url":"https:\/\/ewmrealestate.com\/blog\/wp-content\/uploads\/2019\/06\/BHHS-On-Solid-Background.jpg","type":"image\/jpeg"}],"author":"EWM Marketing","twitter_misc":{"Written by":"EWM Marketing","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ewmrealestate.com\/blog\/fannie-mae-and-freddie-mac-here-to-stay-3\/#article","isPartOf":{"@id":"https:\/\/ewmrealestate.com\/blog\/fannie-mae-and-freddie-mac-here-to-stay-3\/"},"author":{"name":"EWM Marketing","@id":"https:\/\/ewmrealestate.com\/blog\/#\/schema\/person\/3a9b03cccfbcd6dc5e4bcdcc0b2c8511"},"headline":"Fannie Mae and Freddie Mac Here To Stay?","datePublished":"2008-07-14T02:31:54+00:00","dateModified":"2019-04-23T20:57:16+00:00","mainEntityOfPage":{"@id":"https:\/\/ewmrealestate.com\/blog\/fannie-mae-and-freddie-mac-here-to-stay-3\/"},"wordCount":321,"publisher":{"@id":"https:\/\/ewmrealestate.com\/blog\/#organization"},"articleSection":["EWM News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/ewmrealestate.com\/blog\/fannie-mae-and-freddie-mac-here-to-stay-3\/","url":"https:\/\/ewmrealestate.com\/blog\/fannie-mae-and-freddie-mac-here-to-stay-3\/","name":"Fannie Mae and Freddie Mac Here To Stay? - BHHS EWM Realty","isPartOf":{"@id":"https:\/\/ewmrealestate.com\/blog\/#website"},"datePublished":"2008-07-14T02:31:54+00:00","dateModified":"2019-04-23T20:57:16+00:00","breadcrumb":{"@id":"https:\/\/ewmrealestate.com\/blog\/fannie-mae-and-freddie-mac-here-to-stay-3\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ewmrealestate.com\/blog\/fannie-mae-and-freddie-mac-here-to-stay-3\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ewmrealestate.com\/blog\/fannie-mae-and-freddie-mac-here-to-stay-3\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ewmrealestate.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Fannie Mae and Freddie Mac Here To Stay?"}]},{"@type":"WebSite","@id":"https:\/\/ewmrealestate.com\/blog\/#website","url":"https:\/\/ewmrealestate.com\/blog\/","name":"BHHS EWM Realty","description":"Blog","publisher":{"@id":"https:\/\/ewmrealestate.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ewmrealestate.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ewmrealestate.com\/blog\/#organization","name":"BHHS EWM Realty","url":"https:\/\/ewmrealestate.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ewmrealestate.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/ewmrealestate.com\/blog\/wp-content\/uploads\/2019\/06\/BHHSLogo2_2019.png","contentUrl":"https:\/\/ewmrealestate.com\/blog\/wp-content\/uploads\/2019\/06\/BHHSLogo2_2019.png","width":1804,"height":345,"caption":"BHHS EWM Realty"},"image":{"@id":"https:\/\/ewmrealestate.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/instagram.com\/ewmrealty\/","https:\/\/www.facebook.com\/EWMRealtyInternational","https:\/\/twitter.com\/ewmrealty"]},{"@type":"Person","@id":"https:\/\/ewmrealestate.com\/blog\/#\/schema\/person\/3a9b03cccfbcd6dc5e4bcdcc0b2c8511","name":"EWM Marketing","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ewmrealestate.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a67fa41f11739e809564e2f7ddc46322?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a67fa41f11739e809564e2f7ddc46322?s=96&d=mm&r=g","caption":"EWM Marketing"},"url":"https:\/\/ewmrealestate.com\/blog\/author\/ewmmarketing\/"}]}},"_links":{"self":[{"href":"https:\/\/ewmrealestate.com\/blog\/wp-json\/wp\/v2\/posts\/9428"}],"collection":[{"href":"https:\/\/ewmrealestate.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ewmrealestate.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ewmrealestate.com\/blog\/wp-json\/wp\/v2\/users\/5395"}],"replies":[{"embeddable":true,"href":"https:\/\/ewmrealestate.com\/blog\/wp-json\/wp\/v2\/comments?post=9428"}],"version-history":[{"count":1,"href":"https:\/\/ewmrealestate.com\/blog\/wp-json\/wp\/v2\/posts\/9428\/revisions"}],"predecessor-version":[{"id":128439,"href":"https:\/\/ewmrealestate.com\/blog\/wp-json\/wp\/v2\/posts\/9428\/revisions\/128439"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ewmrealestate.com\/blog\/wp-json\/wp\/v2\/media\/130092"}],"wp:attachment":[{"href":"https:\/\/ewmrealestate.com\/blog\/wp-json\/wp\/v2\/media?parent=9428"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ewmrealestate.com\/blog\/wp-json\/wp\/v2\/categories?post=9428"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ewmrealestate.com\/blog\/wp-json\/wp\/v2\/tags?post=9428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}