FinanceDude
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Aug 3, 2006
- Messages
- 12,483
FD... well, in a word YES....
They are backing the debt that is backed by mortgages... not the shareholders of the company... so both Fannie and Freddie could indeed go bankrupt and all the negatives that attach to that... but the FNMA bond are 'good'...
And the beat goes on............