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we had to talk about something that actually uh has been underway since January but somehow in the last 10 days has become all the rage in uh from blogs from social media there have been news stories about it and such confusion all right six out of ten people taking out a mortgage when they buy a home or taking out a mortgage from the government entities uh Fannie Mae and Freddie Mac now these two organizations used to be uh you could call them quasi-public uh semi-public whatever entities and then when the banking scandals happened 15 years ago and the banking Market basically seized up these entities that ended up buying mortgages from Banks both went and solvent and we the taxpayers bailed them out and Fannie Mae and Freddie Mac remain federal agencies now my preference is that they be sold back into the marketplace but for some reason uh no Administration weve had in power over the last 15 years has done anything about moving the government out of being responsible for the 60 perc
