The Student Loan Battle Heats Up…

| April 29, 2012

Message to students…Hello down there, hang on and don’t worry about a thing… we’re here to help!  Not! There was a big fight in D.C. this past week over student loans.             by Bruce Krasting The issue is a scheduled increase in interest on new student loans from 3.4% to 6.4% set for July 1. Clearly this […]

Fannie Mae Says It Needs Another $7.8 Billion

| November 8, 2011

It’s the gift that keeps taking…. Fannie Mae has now borrowed $111.6 billion from the government, and paid back a mere $17 billion in forced dividends. Freddie Mac has taken more than $71 billion in aid and paid back around $15 billion. The net cost to the taxpayers for bailing out both now stands at […]

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