Upcoming Foreclosures

What happened to Fannie Mae's money?

Fannie Mae went through a couple of hundred billions of dollars over the past few years. Where did it go? Fannie Mae doesn't have it. The banks don't have it ... (Do they?) ... They are begging for handouts! The people don't have it ... (Foreclosures). Who got all that money?

Public Comments

1. Yes and all the other loans that have gone "toxic"....Should'nt those people who did not meet their debts be hounded down and punished....or is that too simple a question for today