09-09-2008, 02:07 AM
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 Re: Fannie & Freddie Elizabeth Richardson wrote: - quote - > Does the takeover/bailout affect GNMA funds? If so, how? I don't own any
Only insofar as the ripple effect of news going through the market.> such funds, by my mother's income, while she lived, was dependent on a GNMA > fund, so I am curious. > Elizabeth Richardson GNMA site http://www.ginniemae.gov/ states "The only mortgage-backed security that enjoys the full faith and credit of the United States Government. So it appears GNMA is already a full government entity where Freddie and Fannie were more like the Post Office, sort of. i.e. a separate entity. Joe ------ Misc.invest.financial-plan is a moderated newsgroup where Moderators strive to keep the conversations on-topic for financial planning. Other posting guidelines include a request for brevity and another for trimming posts to which we respond. For all of the other tips and suggestions, see "FROM THE MODERATORS: Posting to misc.invest.financial-plan", a weekly post now on the Newsgroup. |
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#-1
09-09-2008, 01:34 AM
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| Fannie & Freddie Does the takeover/bailout affect GNMA funds? If so, how? I don't own any such funds, by my mother's income, while she lived, was dependent on a GNMA fund, so I am curious. Elizabeth Richardson ------ Misc.invest.financial-plan is a moderated newsgroup where Moderators strive to keep the conversations on-topic for financial planning. Other posting guidelines include a request for brevity and another for trimming posts to which we respond. For all of the other tips and suggestions, see "FROM THE MODERATORS: Posting to misc.invest.financial-plan", a weekly post now on the Newsgroup. |
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| fannie, freddie |
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