Fannie Mae and Freddie Mac Restructured Bailout Taxpayer Pay Back
Recent reports from the housing sector show that there may be some light at the end of the tunnel. Housing permits are up, Interest rates are low, demand for housing has not changed too much so why are Fannie Mae and Freddie Mac back in the news? US taxpayers have been waiting patiently for these two to pay back their “bailout” loans. That could happen sooner than later. Ed Butowsky joins Fox News to discuss what is the reality behind the pay back and how it impacts not only the economy in general but the housing sector.