http://thexbroker.disqus.com/Radical Transparency for the Mortgage and Real Estate IndustriesenSat, 09 May 2009 15:12:44 -0000http://thexbroker.com/2008/07/17/the-fannie-mae-and-freddie-mac-poker-game/#comment-9163217Nice good article..<br>Thanks for sharing.stormseekSat, 09 May 2009 15:12:44 -0000http://thexbroker.com/2008/07/17/the-fannie-mae-and-freddie-mac-poker-game/#comment-925490Here's what I like to try to wrap my mind around. Fannie Mae and Freddie Mac are traded securities whose solvency is essentially guaranteed by the Fed. RU with me thus far?<br><br>Wrap this. We now have the Fed saying we are going to guarantee what we already guarantee. The mortgage industry was already an illusion, but this brings a whole new meaning to pulling proverbial rabbits out of hats, sawing scantily clad babes in half and elevating elephants.<br><br>The drama is just beginning!<br><br>REALonomics<br><a href="http://www.REALonomics.net" rel="nofollow">www.REALonomics.net</a>REALonomicsThu, 17 Jul 2008 16:26:38 -0000