http://finance.yahoo.com/news/Lets-Hope-These-4-Things-Dont-usnews-2604707770.html?x=0&.v=1
Don't hold your breath kids that these things are not going to happen, because there is no way that they can't not happen.
In the cast of corporate characters, Fannie Mae and Freddie Mac are A-list villains, thanks to the central role they played in the 2008 financial meltdown. The two mortgage-finance firms failed as spectacularly as AIG, the poster child for finance-gone-wrong, with the combined Fannie-Freddie rescue totaling about $111 billion so far--the biggest bailout of all. Both firms are effectively nationalized, and the government would probably wind them down except for one thing: They underwrite about three quarters of all the mortgages issued in the United States.
