[Mad_Tom_Rackham]

So, Freddie and Fannie are going to be guaranteeing mortgages, with Chris and Barney in charge. And THIS is change?

[2ndDivisionVet]

Let me guess: You'll have to show a union membership card, a matrícula consular, a Food Stamp card or an Obama campaign donation receipt to get a loan, right?

[avacado]

"Since Fannie Mae and Freddie Mac were nationalized in September, the government-controlled companies have been retooled as agencies for delivering housing aid... "

Lovely.

[rockinqsranch]

"The Obama administration is crafting a mortgage-rescue program that would see Fannie Mae and Freddie Mac American Taxpayer ease payments for hundreds of thousands of borrowers and offer a model for Wall Street to do the same, sources familiar with the plan said."

There, I fixed it to reflect the truth.

[Candor7]

FNM - Fannie Mae (NYSE) 6 Feb 2009

0.65 +0.13 (25.00%) Feb 6 4:00pm ET
Open: 0.54
High: 0.65
Low: 0.52
Volume: 20,972,256
Avg Vol: 16,734,000
Mkt Cap: 699.53M

***********************************

FRE - Freddie Mac (NYSE)

0.64 +0.12 (23.08%) Feb 6 4:01pm ET
Open: 0.54
High: 0.64
Low: 0.52
Volume: 12,952,752
Avg Vol: 10,501,000
Mkt Cap: 414.18M

***********************************************

I am rushing out to buy some of their stock.