Fannie Mae Is Asking for $10 Billion to $16 Billion
Hold onto your wallets, Fannie Mae is going to be asking the Federal Government for $10 billion to $16 billion. This request could be from the new bailout package depending upon when Congress sends the bill to President Obama for signing. This would be the first time that Fannie Mae received bailout funds unlike Freddie Mac which received $14 billion at the end of last year. Freddie Mac is expected to ask for another $35 billion dollars. Maybe they just ordered a corporate jet from France.
This post was submitted by Carmen Dellutri, Esq., founder of The Dellutri Law Group, P.A. Currently, the firm has offices in Port Charlotte, Fort Myers, and Naples and has expansion plans for Sarasota. Mr. Dellutri also sits on the Board of American Board of Certification. Mr. Dellutri is also one of the founders of the Bankruptcy Law Network, Debt Law Network, Credit Law Network, and Mortgage Law Network. Mr. Dellutri also writes for the firm's personal injury litigation blog.
