Question:

Fannie May, Freddie Mac?

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Can you inform me some basics. What, who are Fannie May, Freddie Mac???

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  1. FNM and FRE are gov't backed mortgage lenders.

    They're called Fannie and Freddie because their abbreviations are FNMA and FRMC (or something like that)

    Both of them are going down the tubes. This country's financial situation is in big BIG trouble. Got Gold?

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