Thursday, November 6, 2008
Fannie Mae Follow Up
By the way............
As of 9/30/08, Fannie Mae guaranteed $2.592 trillion in mortgage loans. In addition, their debt totaled $1.446 trillion. Total mess: $4.038 trillion
For good measure, Freddie Mac guaranteed $1.834 trillion in mortgage loans and had $815 billion in debt outstanding. Total mess: $2.649 trillion
Grand total mess: $6.687 trillion
Posted by MK at 11:22 PM