Comments on: Home Equity: Drawing the Line http://glickreport.blogs.foxbusiness.com/2008/08/18/home-equity-drawing-the-line/ Fri, 20 Nov 2009 17:08:26 -0500 http://wordpress.org/?v=2.8.5.2 hourly 1 By: chuck http://glickreport.blogs.foxbusiness.com/2008/08/18/home-equity-drawing-the-line/comment-page-1/#comment-2814 chuck Tue, 19 Aug 2008 13:12:01 +0000 http://glickreport.blogs.foxbusiness.com/?p=630#comment-2814 Last night I was watching Scoreboard with Eric Bolling and Tracey Byrnes. I came in on the discussion about Fannie Mae and Freddie Mac. Especially when the stock plummeted like it did. Now since that Fannie and Freddie handle a majority of mortgages over Countrywide. Now I'm speculating do the GSE's like Fannie Mae and Freddie Mac are they also involved in home equity? If so how are they? But with the troubles they're facing. But part of thier problem is that Congress created this hyprid. I doubt if anyone isn't honestly going to like the idea of a blank check to bail these entities out. Last night I was watching Scoreboard with Eric Bolling and Tracey Byrnes. I came in on the discussion about Fannie Mae and Freddie Mac. Especially when the stock plummeted like it did. Now since that Fannie and Freddie handle a majority of mortgages over Countrywide. Now I’m speculating do the GSE’s like Fannie Mae and Freddie Mac are they also involved in home equity? If so how are they? But with the troubles they’re facing. But part of thier problem is that Congress created this hyprid.
I doubt if anyone isn’t honestly going to like the idea of a blank check to bail these entities out.

]]> By: chuck http://glickreport.blogs.foxbusiness.com/2008/08/18/home-equity-drawing-the-line/comment-page-1/#comment-2813 chuck Mon, 18 Aug 2008 20:12:00 +0000 http://glickreport.blogs.foxbusiness.com/?p=630#comment-2813 Question is now this: if you cut back on home equity how would this effect home owners,future home owners? With this sort of prediction it sounds like home equity could be in trouble. If's that's the case the residental home market is far from over. Question is now this: if you cut back on home equity how would this effect home owners,future home owners? With this sort of prediction it sounds like home equity could be in trouble. If’s that’s the case the residental home market is far from over.

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