Fun Fact of the Day, September 18, 2018

September 18, 2018

FANNIE AND FREDDIE - Treasury Secretary Hank Paulson announced on 9/7/08 (i.e., 10 years ago) the government's plan to take control of mortgage giants Fannie Mae and Freddie Mac.  Frannie and Freddie received $187 billion of taxpayer aid but have paid back $271 billion (source: Treasury Department).

Share on Facebook
Share on Twitter
Please reload

© 2017 Nova Wealth Management, Inc. is a Registered Investment Advisor.  All Rights Reserved. Designed by Reframed