Then why did they need a quarter trillion dollar bail out? https://en.wikipedia.org/wiki/Federal_takeover_of_Fannie_Mae_and_Freddie_Mac https://en.wikipedia.or

Then why did they need a quarter trillion dollar bail out? https://en.wikipedia.org/wiki/Federal_takeover_of_Fannie_Mae_and_Freddie_Mac https://en.wikipedia.org/wiki/Federal_takeover_of_Fannie_Mae... This is a delicious ironic quote from a from 2007 article. After Sept. 1, Freddie will no longer invest in subprime mortgages that have a "high likelihood" of payment shock and foreclosure, the company announced on Tuesday. https://www.reuters.com/article/idUSN27376399/ https://www.reuters.com/article/idUSN27376399/